10. Which of the following would not be included as a source of short-term financing?

a. line of credit

b. increase in minimum operating cash balance

c. sale of marketable securities

d. stretching of accounts payable

11. At what point does a customers unpaid account become deliquent when the terms of sale are 2/10?

a. 11 days after sale

b. 31 days after sale

c. 61 days after sale

d 71 days after sale

12. According to credit experts, a full credit analysis should be conducted:

a. on each customer of a firm

b. only when payment is doubtful

c only on customers that are deliquent

d on all repeat customers

13. Which of the folowoing would not be considered a money market instrument?

a. US treasury bill with 91 days until maturity

b commerical paper with 270 days until maturity

c certificate of deposit with 15 months until maturity

d a repurchase agreement backed by US governemtn securities with 1 week until maturity