Two events cannot be both independent and mutually exclusive

In the Baumol model, the optimal sale amount is ________ with higher interest rates and ________ with a higher cost of selling securities.

A) decreased; increased B) decreased; decreased C) increased; increased D) increased; decreased

________ represent the right to receive cash in the future from customers for goods sold or for services performed

A) Accounts Receivable B) Accounts Payable C) Equity D) Expenses