The economic order quantity model may be used for cash management to determine appropriate:

a- ratio of current assets to current liability

b- mix of cash and marketable securities

c- long-term capitalization

d- credit and collection policies

what is characteristic of income bonds?

a- pay interest only if the issuer has income

b- junior to subordinated debt in the event of liquidation

c- junior to preferred and common stock in the event of liquidation

d- guaranteed income over the security life