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If a company's accounts receivable turnover is 0, what does that mean? A. The company's total sales are rotated four times a B. The company

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If a company's accounts receivable turnover is 0, what does that mean? A. The company's total sales are rotated four times a B. The company has a really good receivables turnover rate c. The company is able to collect its accounts receivables every 90 days, or 4 times a 5. year year The company generates four times as much sales through accounts receivables than sales through cash D. A quick ratio that is much smaller than the current ratio reflects A. A small portion of current assets is in inventory B. A large portion of current assets is in inventory C. That the company will have a high inventory turnover D. That the company will have a high return on assets 6. The statement of cash flows does not include which of the following sections? A. Cash flows from operating activities B. Cash flows from sales activities C. Cash flows from investing activities D. Cash flows from financing activities 7. Which of the following is an inflow of cash? A. Funds spent in normal business operations B. The purchase of a new factory C. The sale of the company's bonds D. The retirement of the company's bonds 8. 9. The concept of operating leverage involves the use ofto magnify returns at high levels of operation A. Fixed costs B. Variable costs C. Marginal costs D. Semi-variable costs

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