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Treasury securities generally provide the lowest yield for a given maturity of any marketable security. True False If credit terms of 2/10, net 45
Treasury securities generally provide the lowest yield for a given maturity of any marketable security. True False If credit terms of " 2/10, net 45 are offered, the approximate cost (nominal rate) of not taking the discount and paying at the end of the credit period would be closest to which of the following? (Assume a 365-day year.) 22.57%16.55% None of them 2.04% 17.81% A firm's inventory turnover (IT) is 5 times on a cost of goods sold (COGS) of $2,800,000. If the IT is improved to 8 times while the COGS remains the same, a substantial amount of funds is released from or additionally invested in inventory. In fact, $210,000 is released. $120,000 is released. $350,000 is released. $560,000 is released. None of them
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