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A $100 decrease in accounts receivable would be considered a:* $100 source of cash noncash charge $100 use of cash sunk cost In 2021,
A $100 decrease in accounts receivable would be considered a:* $100 source of cash noncash charge $100 use of cash sunk cost In 2021, ABC Company Limited had total sales of $10,000,000, operating profit margin is 35%. What was the company's net profit if interest expense was of $500,000 and corporate income tax was 20 percent?* $2,660,000 $2,400,000 $1,500,000 $2,800,000 ABC Company Limited reported annual sales of $400,000 in 2021. At year end the balance in accounts receivables was reported to be $10,000. What was the average collection period for ABC Company Limited based on a 360 day year?* 2.5 days 40 days 9 days 4 days At an 8% rate of interest, which will result in the greatest amount of money accumulated? continuous compounding annual compounding quarterly compounding semi-annual compounding
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