60.1K

Verified Solution

Link Copied!

When comparing inventory turnover ratios, other things being equal, a lower inventory turnover is preferred in order to keep inventory costs low, a higher inventory turnover is preferred to improve liquidity, higher inventory turnover results from old or obsolete inventory increasing the inventory balance on the balance sheet. higher inventory turnover results from an increase in the selling price of the product. QUESTION 14 Which of the following conclusions would be true if you carn a higher rate of return on your investments? The greater the present value would be for any lump sum you would receive in the future. The lower the present value would be for any lump sum you would receive in the future. Your rate of return would not have any effect on the present value of any sum to be received in the future. The greater the present value would be for any annuity you would receive in the future. QUESTION 15 You can buy a $50 savings bond today for $25 and redeem the bond in 10 years for its full face value of $50. You could also put your money in a money-market account that pays 7% interest per year. Which option is better, assuming they are of equal risk? The money-market account is better because it pays more interest. O The money-market account is better because it requires a smaller investment. The savings bond is better because it earns a higher interest rate The money market and savings bond both cam 7% interest, so they are equal in value

Answer & Explanation Solved by verified expert

See Answer