The sales revenue of company A is $400,000, $37,000 for inventory. The inventory turnover is ( ).
A. 9 times
B. 8 times
C. 10.81 times
D. 12 times
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Company A has $100,000 to be received. The cash discount policy for the money is 2/10, net 30. If the company received the money in 17 days, how much can the company get back?
A. $98,000
B. $99,980
C. $99,000
D. $100,000
A company need $500,000, considering 20% of amount borrowed as compensating balance. How much loan should the company borrowed from bank? ( )
A. $625,000
B. $520,000
C. $620,000
D. $525,000
According to balance sheet, what information would not be provided? ( )
Asset structure
B. Liability level
C. Business performance
D. Equity source
Cash as a asset, which shows ( ).
A. Low liquidity, high return
B. Low liquidity, low return
C. High liquidity, low return
D. High liquidity, high return.