Unsecured credits require collateral to protect the payment of the debt
Indicate whether the statement is true or false
FALSE
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A company had net sales of $550,000, total sales of $700,000, and an average accounts receivable of $82,500. Its accounts receivable turnover equals:
A. 8.48 B. 0.15 C. 0.79 D. 6.67 E. 0.12
Securities that can be easily converted into cash onshort notice at a price that is close to the original costgenerally have a:
A. low liquidity premium. B. high maturity risk premium. C. high inflation premium. D. low budget risk premium. E. high real risk premium.
The sharing ratio is the negotiated fee in a contract assuming the target cost is met
Indicate whether the statement is true or false
If a manufacturer decides to use a push policy to promote its products, it is most likely to focus its efforts on
A. business customers. B. ultimate consumers. C. wholesalers. D. other producers. E. institutional users.