Question: Moving to another question will save this response. Question 6 You are given 2/10 net 45, when purchasing 51,000 worth of inventory. With the above




Moving to another question will save this response. Question 6 You are given "2/10 net 45", when purchasing 51,000 worth of inventory. With the above terms, your arcourt is worth A $100 B. $20 C. $40 D. $450 L Moving to another question will save this response 15 16 Moving to another question will save this response. Question 7 A firm has an operating cycle of 140 days, an average collection period of 40 days, and an average payment period of 30 days. The story A 100 OB. 50 OC. 40 D. 70 Moving to another question will save this response. Moving to another question will save this response. Question 8 If 60% of sales of AED 1,000,000 of a firm are on credit. The firm has a Receivable Turnover of 6. Which one of these A AED100,000 B. AED125,000 C. AED150,000 D. AED800,000 A Moving to another question will save this response. Moving to another question will save this response. Question 9 Super Spares Company has recently changed their selling strategy in which they are going cash discount to the promiche A. Cash discount can increase cash flows. B. Cash discounts can motivate and reward employees C. Cash discount can induce manager to pay salary promptly. D. Cash discount can compensate for faulty goods. Moving to another question will save this response. Moving to another question will save this response. Question 10 Amana's company is following the restrictive collection policy after COVID 19 lock down. What will be the possible impact of A large amount of account receivables B. maximum credit sales C. low cash balances D. liberal credit terms for customers Moving to another question will save this response
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
