A(n) ________ is useful in evaluating credit policies. A) ...

[TVarnum]

A(n) ________ is useful in evaluating credit policies.
 
  A) average payment period
  B) current ratio
  C) average collection period
  D) inventory turnover ratio

Question 2

The specific cost of each source of long-term financing is based on ________ and ________ costs.
 
  A) before-tax; historical
  B) after-tax; historical
  C) before-tax; book value
  D) after-tax; current

[parker125]

Answer to Question 1

C

Answer to Question 2

D