A company that makes decorations for Christmas trees has high sales in its fourth quarter but very low sales during the rest of the year.It manufactures decorations steadily throughout the year,however.Which of the following is NOT a likely consequence of this scenario?
A) The firm will need sources of short-term cash to fund inventory in the second and third quarters.
B) The firm will see negative net cash flows in the second and third quarter.
C) The firm will have a large short-term surplus in the fourth quarter.
D) Cash payables will rise from the first to fourth quarter.
Correct Answer:
Verified
Q1: Q3: Q4: Cash flow forecasts are conducted in order Q6: Which of the following companies is most Q8: When a company analyzes its short-term financing Q9: Which of the following are the three Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
