9) Nadine's Boutique has a 30-day accounts payable period. The firm expects quarterly sales of $3,300, $3,400, $4,600, and $4,100, respectively, for next year. The quarterly cost of goods sold is equal to 70 percent of the next quarter's sales. The firm has a beginning accounts payable balance of $975 as of quarter 1. What is the amount of the projected cash disbursements for accounts payable for quarter 3 of next year? Assume a year has 360 days. A) $2,203.33 B) $2,986.67 C) 52,940.00 D) $2,380.00 E) $2,546.67 10) Assume $1 =C$1.1098 and SI .6018. Also assume you can buy 55 for CS100. How much profit can you earn using triangle arbitrage if you start out with S100? A) $1.04 B) $1.56 C) 51.43 D) $1.54 E) $.78 11) West Chester Automation has an inventory turnover of 17.5 and an accounts payable tumover of 11. The accounts receivable period is 36 days. What is the length of the cash cycle? A) 5.67 days B) 52.00 days C) 23.68 days D) 41.00 days E) 58.81 days 12) S&S Sporting Goods has expected sales of $980, S720, S640, and $950 for the months of January through April, respectively. The accounts receivable period is 26 days. What is the accounts receivable balance at the end of February? Assume each month has 30 days. A) S849 B) $980 C) $555 D) $624 E) $720 13) Currently, ST will buy C$1.1028 while $1.2334 will buy 1. What is the exchange rate between the Canadian dollar and the euro? A) CS1 = .6539 B) CS.8941 = 1 C) CS1.3602 = 1 D) CS1 =1.3602 E) CS1 = .8941