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Financial management questions 313s4 13. spontaneous sources of

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Financial management questions 313s4 13. spontaneous sources of Financial management questions 313s4   13. Spontaneous sources of funds refer to all of the below EXCEPT: a. accounts payable b. accruals c. common stock d. a bank loan     14. Selection of a source of short-term financing should include all of the following EXCEPT: a. the effect of the use of credit from a particular source on the cost and availability of other sources of credit b. the floatation costs for debentures c. the effective cost of credit d. the availability of financing in the amount and for the time needed     15. The terminal warehouse agreement differs from the field warehouse agreement in that: a. the cost of the terminal warehouse agreement is lower due to the lower degree of risk b. the warehouse procedure differs for both agreements c. the terminal agreement transports the collateral to a public warehouse d. the borrower of the field warehouse agreement can sell the collateral without the consent of the lender     16. Your company buys supplies on credit terms of 2/10 net 45. Suppose the company makes a purchase of $20,000 today. Which of the following payment options makes the most sense as a general rule? a. pay the bill as soon as possible to keep the supplier happy b. pay the bill on day 10 to get the discount c. either pay the bill on day 10 to get the discount, or wait until day 45 d. pay the bill on day 45 due to the time value of money     17. Which of the following statements about financial leverage is true? a. Financial leverage is the responsiveness of the firm’s EBIT to fluctuations in sales. b. Financial leverage is the responsiveness of the firm’s EPS to fluctuations in EBIT. c. Financial leverage involves the incurrence of fixed operating costs in the firm’s income stream. d. Financial leverage reduces a firm’s risk.     18. Which of the following statements about combined (operating

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