A validity check is an example of

A retailer's net sales equals $1,000,000; its accounts receivables are $150,000 . Its collection period is _____ days

a. 6 b. 15 c. 47 d. 55

Which of the following makes common stocks more risky than corporate bonds when both are issued by the same company?

A) Claims on income B) Unlimited liability C) Claims on assets D) All of the above are correct. E) Only A and C are correct.