November 9, 2016
Chapter 5 Homework
#s 2, 4, 6, 7, & 9
2. Name three characteristics of liquid assets. What are the disadvantages of having too much or too
little money held as liquid assets?
Three characteristics of liquid asset
November 14, 2016
Chapter 6 Homework
Page 194 # 1-7
1. Define the term credit. How is credit different from open credit? What is revolving credit?
Credit is money that is borrowed to buy something now, but will have to pay back later. Rev
October 20, 2016
Principles of Business Finance BOT 2623
Chapter 1 Homework Page 28 #1-5
1. Why is financial planning, or just plain money management, a challenge for most people?
Some people think that they will have everything together,