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Question 13 2 pts All of the following are examples of Accounts Payables Vendor Discounts EXCEPT: O Cumulative Customer Days Inventory on Hand (DIO) O

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Question 13 2 pts All of the following are examples of Accounts Payables Vendor Discounts EXCEPT: O Cumulative Customer Days Inventory on Hand (DIO) O Trade Cash O Quantity Question 14 2 pts The Proper management of accounts payable will guarantee that a firm: Pays some bills early and some late to obtain an average payment on time Always pays the maximum due to each vendor Always pays the minimum due to each vendor Maximizes discounts offered by vendors and pays bills on time to avoid penalties and interest Question 15 2 pts What is the present value of $50,000 to be received in 15 years assuming an annual interest rate of 6%? O $119,827.90 O $125,000.00 $20,863.25 $21,616.38 D Question 16 2 pts What is the present value of $1,000,000 to be received in 20 years assuming an annual interest rate of 5%, compounded monthly? $2,653,297.70 $4,000,000.00 $368,644.52 O $401,877.57 Question 17 2 pts What is the future value of $1,000 invested for 5 years assuming an annual interest rate of 20%? O $250.00 O $2,990.61 O $12,085.32 O $2,488.32 Question 18 2 pts What is the monthly payment for a home loan of $150,000 financed at today's rate of 4.75% for a 30-year mortgage? $582.98 O $856.75 $5.312.63 $782.47

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