Question 6 (2 points)

A business that manages its cash efficiently won't need to tie up as much _________.

Question 6 options:

	Inventory
	Volume
	Cash
	Borrowing

Question 7 (2 points)

If average revenue per unit is expected to be $25 and cost of goods sold are expected to be $17 per unit, how many units must be sold to breakeven on investment if the investment cost is $240,000?

Question 7 options:

	9,600
	14,117
	40,000
	65,118

Question 8 (2 points)

A business will need less working capital if __________.

Question 8 options:

	Customers take a longer time to pay
	Customers take a shorter time to pay
	Long-term bank debt is reduced
	Investment in plant, property and equipment is reduced