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Multiple choice question 1) Selling stock short a)is the sale of a security that is not owned by the seller b) is the sale of

Multiple choice question 1) Selling stock "short" a)is the sale of a security that is not owned by the seller b) is the sale of a security that is borrowed by the seller c) is motivated by a beleif that a security's price will decline d) all of the above answers are true 2)Trade credit is considered what type of loan? a) when a company owes money to a supplier b) when a company owes money to a customer c) when a company owes money to a bank d) All of the above answers are true 3)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 4)If a company's accounts receivable turnover is 4 X, what does that mean? a) the company's total sales are rotated four times a year b) The compay has a really good receivable turnover rate c) the company is able to collect its accounts receivables every 90 days, or 4 times a year d) the company generates four times as much sales through accounts receivables than sales through cash

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