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Unformatted text preview: c. Sell some stock d. Repurchase stock that has already been sold e. Liquidating inventory 5. A firm that has an inventory turnover of 3.5 times has an inventory period of a. 100 days b. 101.6 days c. 102.7 days d. 103.5 days e. 104.3 days 6. The need to hold on to cash in order to take advantage of unexpected investment opportunities is and example of the ____________________ for holding cash. a. Speculative motive b. Precautionary motive c. Marketable security motive d. Transaction motive e. Windfall effect...
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This note was uploaded on 12/29/2009 for the course FIN 320 ASDFI taught by Professor Asdf during the Spring '09 term at University of Phoenix.
- Spring '09