Question: need help with 9 and 10 Question 9 (2 points) Identify whether the following activities are associated with cash inflow or cash outflow to the

need help with 9 and 10

Question 9 (2 points) Identify whether the following activities are associated with cash inflow or cash outflow to the firm. Dividends Paid Decreases in Accounts Payable 1. Cash Inflow 2. Cash Outflow Decreases in Inventory Increases in Notes Payable Question 10 (2 points) You borrow $30,000 Easy Credit Firm which offers an account with a nominal interest rate of 25% with daily compounding. What rate of interest do you effectively pay on this account? a) 28% Ob) 6.85% c) 25% a) 28.39%

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