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11. Orange Company stock price before a stock split of 3:2 was $500. What was the price of the stock after the split? A. $757.58

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11. Orange Company stock price before a stock split of 3:2 was $500. What was the price of the stock after the split? A. $757.58 B $333.33 C. $500.00 D. $250.00 13. ABM Inc. has inventory of $2,000 on its financial statements with daily cost of goods sold of $40, accounts receivable of $5,000, and cash of $100. What is the inventory conversion period? A. 125 days B. 50 days C. 18 days D. 183 days 14. What is the effective cost of trade credit? Terms of the trade credit are 2/10, net 60. A. 14.9% B. 15.9% C. 18.6% D. 20.2% 16. Larsen Films' is analyzing its cost structure. It fixed operating costs are $470,000, its variable costs of $2.80 per unit produced, and its products sell for $4.00 per unit. What is the company's breakeven point? A. 391,667 unit. B. 411,250 units. C. 431,813 units. D. 453,403 units

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