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Your firm needs to borrow $50,000 for one year. Which of the following loan options offers the least cost? Select one: A. 13 ? %
Your firm needs to borrow $50,000 for one year. Which of the following loan options offers the least cost?
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A firm changes its credit policy from 2/10, net 30, to 3/10, net 30. The change is meant to match the competition??s recent changes, so no increase in sales is expected. Average accounts receivable will probably decline as a result of this change.
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Which of the following statements is most correct?
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Accruals represent a spontaneous source of funding but, unfortunately, due to law and economic forces, firms have little control over the level of these accounts.
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