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please just give answers no explanation needed QUESTION 1 The average accounts receivables balance is a function of both the volume of credit sales and

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QUESTION 1 The average accounts receivables balance is a function of both the volume of credit sales and the days sales outstanding Not yet answered Marted out of 100 Select one: Flag Question a. False b. True QUESTION 2 A short-term creditor would be most interested in the Not yet answered Marked out of 100 Select one: a. account collection period b. net profit margin Flag question c. current ratio d. times interest earned The following is (are) the current liability (les) QUESTION 3 Not yet werd Maced out of 100 Hlay Select one: a. All of the above b. Outstanding expenses c. Bills payable d. Bank overdraft MUESTION 16 A trade credit discount such as 2/10 net 30 means Not yet answered Maked out of 1.00 F Select one: a. a 10% discount for cash on delivery and a 2% discount for payment within 30 days. b. a 2% discount if payments is made within 10 days, otherwise the total amount is due in 30 days. c. a 2% discount for payment within 10 days and a 2% penalty if payments is made after 30 days. d. a 2% penalty is due after 30 days. question QUESTION 17 Not yet answered The aggressive approach to working capital financing occurs when some permanent current assets and some non-current assets are financed with short term debt. Miked out of 100 Select one: Flag a True b. False QUESTION 18 When a company deals only in cash, the cash conversion cycle becomes Not yet awered Med out of 100 ng Select one: a the collection cycle - the payable cycle b the production cycle the payable cycle d the collection cycle

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