Cover the firm short-term financial liabilities

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Reference no: EM131810991

1. Which of the following measures refers to the amount of cash held above and beyond that which is required to cover the firm's short-term financial liabilities?

A) net liquid balance

B) cash conversion cycle

C) cash conversion efficiency

D) lambda

2. A certain investment increased in value 6% in the first year and 8% in the second year. If the value at the beginning of the first year was $10,000, what was the value at the end of the second year?

$10,700

$11,448

$11,400

$10,140

$10,740

Reference no: EM131810991

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