1-Which of the following is not included under inventory holding costs? a- Salaries of purchasing department employees

b- Handling costs

c- Storage costs

d- Insurance costs

2-Cash conversion cycle equal to: a- Average receivable collection period + average inventory period average payment period

b- Average receivable collection period + average inventory period + average payment period

c- Average receivable collection period average inventory period average payment period

d- Average receivable collection period average inventory period + average payment period

3-Quick ratio is also called a- Acid test ratio

b- Gross margin

c- Return on equity

d- Return on capital employed

4-Which of the following cost of capital requires tax adjustment? a- Cost of preference capital

b- Cost of debt

c- Cost of returned earnings

d- Cost of equity capital

5-Net working capital means the same thing as __________. a-. Current assets + current liabilities

b-. Current assets current liabilities

c-. Current assets current liabilities

d-. Current assets - current liabilities