Which asset management ratio helps to estimate how long a firm must wait after a sale before payment is received? O a. Total asset turnover ratio O b. Inventory turnover ratio O c. Days sales outstanding ratio d. Fixed assets turnover ratio O e Acid test ratio. What is the purpose of a company doing a trend analysis? O a. A trend analysis allows a company to alter operations to meet societal trends. O b. A trend analysis allows a company to match sales prices with industry competitors. O c. A trend analysis allows a company to determine if its sales with keep up with inflation rates. O d. A trend analysis allows a company to compare its risk factors with other companies, O e. A trend analysis estimates the likelihood of improvement or deterioration in a firm's financial condition. Joshua recently purchased 100 shares of an innovative technology company that is going public. What type of transaction is this? a. a money market transaction O b. a primary market transaction O can exchange of physical assets: cash for stock O d. a direct transfer of capital O e, a financial intermediary transaction