Common terms of trade credit are 2/10N/30. What does this means The purchaser can receive a 2% discount by paying within 10 days or make a full payment within 30 days. An additional 2% will be charged if payment is not made within 30 days. "Delivery is made in 10 days, and payment is due in 30 ." Product sales are retumable between 10 and 30 days after sale but not thereafter. QUESTION 5 What is calculated by dividing current assets by current liabilibes? Working capital Cash ratio Quick ratio currentratio QUESTION 6 Holding imentory is necessary for a company s production or sales generation. Which of the following are included in the costs of holding imventory? Losies due to obsolescence 'Purchasine carryine orderine and stock-out costs' Warehousing and insurance costs tost sales from unsold merchandise QUESTION7 Total current assetsinciude "netincome, marketable securities, and accounts recelvable" "marketable securities, accounts recelvable, imventory, and fixed assets" "cash and cash equlvalents, marhetable securities, accounts receivable and inventory" rcash and cash equivalents, marketable securtios, accounts recelvable, and fixed assets