Future treasury operations will be affected MOST significantly by consolidation of which of the following?
Assume the cost of an ACH transaction is $0.80, the charges for a wire transfer are $30.00, the monthly account maintenance fee is $10.00, and the company earns interest at an annual rate of 1.825% on overnight investments. What is the break-even point where the interest earned on overnight investments offsets the incremental wire costs?
A public corporation may value a defined contribution plan highly because it:
Convertible securities consist of preferred stock anD.
An optimal concentration system minimizes all of the following EXCEPT:
The MOST common way that companies structure their treasury operations is as a:
From a buyer’s perspective, which of the following types of float would be eliminated if checks were replaced by electronic payment methods?
A company transmits a payment file of ACH and Fedwire vendor payments to its financial institution to execute. Which article of the Uniform Commercial Code governs these payments?
A telecommunications company receives a profit of $587,542 from its cellular phone production unit in the year after investing $962,870 in a new product line. What is the first year return on its original investment?
A company is starting a project to redesign its cash management information systems. What would be an important tool in this effort?
Which of the following is subject to translation exposure?
The right of stockholders to purchase, on a pro-rata basis, any new shares issued by the company is referred to as:
Which of the following is a type of borrowing between a company and a lender in which the paperwork connected with it is used to simplify the lending process?
When a foreign subsidiary pays a dividend to its parent company the transfer of funds may be subject to:
In cash forecasting, which of the following is a certain cash flow?
A company is considering issuing debt in a market environment in which there is a larger than normal spread between high- and low-risk investments. Among several factors, what are the concerns regarding investor behavior that the treasurer will MOST need to consider?
In the event of bankruptcy and the subsequent liquidation of issuer's debt, in what order, from first to last, will the following be repaid?
1. Senior secured debt
2. Senior subordinated debt
3. Junior secured debt
4. Junior debentures
The Sarbanes-Oxley Act of 2002 requires that a public company’s financial statements be certified by the company’s:
A multinational company that uses “notional pooling” for its euro zone subsidiaries will realize which of the following advantages?
A globally diversified manufacturing company can manage its liquidity more effectively by:
