147)Marketable securities are near–cash assets because they can be converted into cash quickly. 147)
148)Investing in additional marketable securities and inventories creates higher profitability and lower 148) liquidity.
149)Firms should hold the minimum amounts of inventories that will not jeopardize productions 149) schedules or the satisfaction of customer expectations.
150) Briefly describe at least three useful tools for maintaining control over accounts receivable. 150)
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