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10. (1 point) A poliey that results in a relatively large amcents of cash, marketable securities, and inventories carnied; and a liberal credit policy that

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10. (1 point) A poliey that results in a relatively large amcents of cash, marketable securities, and inventories carnied; and a liberal credit policy that results in a high level of receivables is called A. relaxed current asset investment policy B. restricted currem alset investremt policy C. moderate current asset investrmets policy D. conservative current asser investment policy E. All of the answers are correct Viee the following to answer quections 11 and 12 . Ahmad Company has sales of KD15 million per year, all en crodit terms calling for payment within 30 days; and its accounts receivable are KD4 million. CHAPTTER 16 A. 97.33 days B. 91.62 days C. 89.11 days D. 102.87 days E. 104.50 days 12. (1 point) How much capital would be released if Ahmad could take action that led to on-time payments? A. KD 2,767,123.288 B. KD 2,645,621.989 C. KD 2,124,873.124 D. KD 2,472,981.989 E. KD 2,223,645.121

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