1. What is the effective cost of trade credit? Terms of the trade credit are 2/10, net 60. A. 14.9%

B. 15.9%

c. 18.6%

D. 20.2%

2. Larsen Films' is analyzing its cost structure. It fixed operating costs are $470,000, its variable costs of

$2.80 per unit produced, and its products sell for $4.00 per unit. What is the company's breakeven point?

A. 391,667 unit.

B. 411,250 units.

C. 431,813 units.

D. 453,403 units

1. Mark's Manufacturing Inc. average age of accounts receivable is 45 days, the average age of accounts payable is 40 days, and the average age of inventory is 69 days. Assuming a 365-day year, what is the length of its cash conversion cycle?
   1. 63 days
   2. 67 days

c. 70 days

D. 74 days