Question 1 working capital needs O increased the longer it to collect accounts r

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Question 1 working capital needs O increased the longer it to collect accounts receivable takes O decreased the longer it takes to collect accounts reoeivable. not affected by acoounts receivable. 4 points O accounts receivable except the extent that accounts receivable of pean Mund are in excess of industry Question 2 When a 4 points O firm sells its accounts receivable, it is said to have its receivables, pledged O floated O factored O abandoned Question 3 4 points Storage costs, insurance costs, and the cost of spoilage relatod to inventory are called: O acquisition costs O order costs. O carrying costs. O opportunity costs 4 points Save Answer Question 4 The higher the discount offered for trade credit: O the greater the cost of that credit for the buyer O the greater the cost of that credit to the seller. O the less the cost of that credit for the seller. O the longer the sellers cash cycle. 4 points Save Answer Question 6 The average number of days that a firm needs to collect its accounts recelyable is described as: O the industry average. Accants voile days O having no effect on working capital.

Explanation / Answer

B. increased the longer it takes to collect accounts receivable C . factored C. carrying costs B. the greater the cost of that credit to the seller D. accounts receivable days

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