When the Fed initiated a program to purchase commercial paper, one of its primary goals was to a. prevent financial institutions from holding commercial paper. b. require that financial institutions increase their holdings of commercial paper. c. increase activity in the market for commercial paper and boost the confidence of investors in commercial paper. d. prevent financial institutions from issuing commercial paper in the future.

Which term refers to the cost that motivates an economic decision

Which type of data is generally stored in different file formats, such as text files, spreadsheets, and so on?

Selected data for stick’s design are given as of december 31, year 1 and year 2 (rounded to the nearest hundredth). year 2 year 1 net credit sales $25,000 $30,000 cost of goods sold 16,000 18,000 net income 2,000 2,800 cash 5,000 900 accounts receivable 3,000 2,000 inventory 2,000 3,600 current liabilities 6,000 5,000 compute the following: 1. current ratio for year 2 2. acid-test ratio for year 2 3. accounts receivable turnover for year 2 4. average collection period for year 2 5. inventory turnover for year 2