NO.PZ2023090505000020
问题如下:
The Lucor Corporation is seeking to raise liquidity and is evaluating two potential actions.
- Option 1 Selling accounts receivable to a financial intermediary at a 5% discount off their carrying value
- Option 2 Accelerating payments to suppliers to receive a 5% discount
选项:
A.
Option 1
B.
Option 2
C.
Neither, because they both incur liquidation costs
解释:
A is correct. Option 1 would increase liquidity by converting a less liquid asset (accounts receivable) into cash immediately, albeit at a cost.
B is incorrect, because Option 2 would decrease liquidity by accelerating cash outflows.
C is incorrect, because Option 2 would decrease liquidity by accelerating cash outflows and would not incur liquidation costs.
option 1中通过折扣把receivable转化成cash,liquid assets总量减少,liquid liability不变的情况下,liquidity下降才对吧?