Financial slack includes:
I. Cash
II. Marketable securities
III. Readily salable real assets
IV. Ready access to debt markets or bank loans

Question

Quizplus · Accepted Answer

Financial slack includes cash (I), marketable securities (II), readily salable real assets (III), and ready access to debt markets or bank loans (IV), so all options are correct. Financial slack provides a company with a cushion of liquid assets that can be used to fund unexpected expenses, invest in growth opportunities, or weather economic downturns.

Financial Slack Includes: I. Cash