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The document provides solutions to review questions and problems related to accounts receivable and inventory management. It addresses topics like cash and marketable securities, float, credit evaluation criteria, inventory categories, just-in-time systems, and calculating average collection periods, investment in accounts receivable, and the impact of changing credit policies. Sample problems are worked through step-by-step to demonstrate calculating ratios and evaluating the financial effects of different credit risk levels and discount rates.
The document provides solutions to review questions and problems related to accounts receivable and inventory management. It addresses topics like cash and marketable securities, float, cred…