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The economic order quantity model may be used for cash management to determine appropriate:
The economic order quantity model may be used for cash management to determine appropriate:
a- ratio of current assets to current liability
b- mix of cash and marketable securities
c- long-term capitalization
d- credit and collection policies
what is characteristic of income bonds?
a- pay interest only if the issuer has income
b- junior to subordinated debt in the event of liquidation
c- junior to preferred and common stock in the event of liquidation
d- guaranteed income over the security life