Response to EACH question must be a minimum of 75 words:
1. What is the difference between the operating cycle and cash cycle, give an example?
2. How does a firm's credit policy affect its sales, bad debts and accounts receivable?
3. Do early payment discounts benefit the debtor? Creditor? Neither? Both?
4. Describe interest rate parity and its effect on country currency rates?
5. Is exchange rate fluctuation really a risk for transactions between different countries? Why or why not?
6. How is goodwill derived from a merger and acquisition transaction?
7. What are some differences between a merger and an acquisition as a growth strategy?
8. Between a merger and an acquisition as a growth strategy which is more common? Give examples.