________ may indicate a firm is experiencing stockouts and lost sales.
A) Average payment period
B) Inventory turnover ratio
C) Average collection period
D) Quick
Question 2
The approximate before-tax cost of debt for a 15-year, 10 percent, 1,000 par value bond selling at 950 is ________.
A) 10 percent
B) 10.7 percent
C) 12 percent
D) 15.4 percent