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Author Question: The prices for the National Gasworks Corporation for the second quarter of 2012 are given below. ... (Read 63 times)

WWatsford

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on: Jul 11, 2018
The prices for the National Gasworks Corporation for the second quarter of 2012 are given below.
  The price of the stock on April 1, 2012 was 130.
 
  Find the holding period return for an investor who
  purchased the stock on April 1, 2012 and sold it the last day of June 2012.
  Month End Price
  April 125.00
  May 138.50
  June 132.75
  A) -4.2 B) 2.1 C) 3.7 D) -3.7

Question 2

Which of the following ratios would be the poorest indicator of how rapidly the firm's credit
  accounts are being collected?
 
  A) cash conversion cycle B) accounts receivable turnover ratio
  C) average collection period D) times interest earned
Foundations of Finance ¦ Keown, Petty, Martin ¦ 9th Edition
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Natalie4ever

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Reply #1 on: Jul 11, 2018
Answer to Question 1

B

Answer to Question 2

D


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WWatsford

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Reply #2 on: Jul 11, 2018
TY


Natalie4ever

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Reply #3 on: Jul 11, 2018
Happy to Help


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