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Please answer all questions please and thank you. 21. Sellers with lower variable costs (and thus a high contribution margin ratio) and higher fixed costs:

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Please answer all questions please and thank you.

21. Sellers with lower variable costs (and thus a high contribution margin ratio) and higher fixed costs: Are not motivated to grant credit Rarely grant credit Are motivated to grant credit Do not grant credit because the seller wants to lower its fixed costs Question 22 0.25pts 22. Which from the following list is NOT a primary cost of granting credit to customers: The cost of managing credit and credit collections Some customers will not pay Advertising costs The cost of carrying the receivables 23. Granting credit the seller's cash cycle time. Lengthens Cash cycle time is inventory period + production time Shortens Does not change Question 24 24. The cash cycle time equals: Inventory period + manufacturing cycle time + accounts receivable Delivery cycle time Process time + inspection time + accounts receivable time Manufacturing cycle time + accounts receivable time

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