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Quination 7 Complele Home Builders is adding a new product to their sales lineup. They will initially stock $30.000 of inventory, which will be purchased
Quination 7 Complele Home Builders is adding a new product to their sales lineup. They will initially stock $30.000 of inventory, which will be purchased on 30-days credit from their supplier. They will re-stock during the second week of sales. During the first week, they expect to sell $20,000 of this product. They also expect their customers to pay cash for 70 percent of their purchases and charge the remaining 30 percent on their store credit cards. What is the amount of the effect this new product will have on the net working capital of the firm from the initial start-up through week one? 11.00 aints out of 100 quester Select one: a. D. $30,000 b. C. $9.000 c. E. $39,000 d. B. SC 6. A. -$6.000 Juliatlin 8 Curuplale A security produced returns of 18 percent. 13 percent, -3 percent. 5 percent, and & percent over the past five years. Based on just these five years, what is the probability that this stock will lose more than 7.76 percent in any one given year? 100 annis aut of 100 7 ng question Select one: a. D. 5.0 percent b.A. 0.5 xrcent c. B. 10 percent d. C. 2.5 percent e. E. 16.0 percent
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