09 May WHAT IS THE ADVANTAGE TO A SMALL BUSINESS WHEN PLANNING FOR SHORTFALLS IN CASH FLOW?
?When a security is resold and bought by another investor where does the gain or loss go?A)The investor who bought the securityB)The bank that financed the IPO NOT THIS ONEC)The investor who sold the securityD)The companyE)Stakeholders with vested interests in the company What is the advantage to a small business when planning for shortfalls in cash flow?A)Lower interest loans can be sought for the needed time frame.B)Loans can be obtained in advanced and put in interest earning investments.C)Financial resources can be saved in a savings account until needed.D)Banks are more likely to offer loans if they know when the money will be needed.E)Small businesses will appear more professional resulting in favorable banking relationships.Which of the following terms represents a promise by the bank to pay a firm on behalf of another firm if specified conditions are met?Bank trust serviceCertified checkLetter of creditBanker’s acceptanceCurrency exchange agreement
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