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Unformatted text preview: Company B has a higher return on assets 3. Global.Com has cash of $75,000; short term notes payable of $100,000; accounts receivable of $275,000; accounts payable of $135,000; inventories of $350,000; and accrued expenses of $75,000. What is Global’s net working capital? (Points : 1) $ 390,000 $ 175,000 $ 700,000 $ 210,000 4. Which of the following will likely result in a greater use of external financing? (Points : 1) Higher corporate profits and higher interest rates Lower corporate profits and lower interest rates Higher corporate profits and lower interest rates Lower corporate profits and higher interest rates...
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This note was uploaded on 05/01/2011 for the course BUS 401 taught by Professor Thomasbiggers during the Spring '10 term at Ashford University.
- Spring '10