Assets are considered current assets

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Reference no: EM131985974

1. Assets are considered current assets if they are cash or will usually be converted into cash:

a. Within a month or less.

b. Within 3 months.

c. Within a year or less.

d. Within 6 months or less.

2. Suppose an investment offers to quintuple your money in 18 months (don’t believe it). What rate of return per quarter are you being offered? (Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Rate of return %

Reference no: EM131985974

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