A closed-end fund has a

A security company offers to provide CCTV coverage for a parking garage for ten years for an initial payment of $50,000 and additional payments of $30,000 per year. What is the equivalent annual annuity of this deal, given a cost of capital of 5%?

A) -$21,885 B) -$25,533 C) -$29,180 D) -$36,475

Assume an organization has total current assets of $200,000; total current liabilities of $75,000; inventories of $50,000; prepaid expenses of $25,000; net sales of $770,000; and beginning accounts receivable of $42,000 and ending accounts receivable of $44,000 . What is the accounts receivable turnover for this organization?

a. 2.7 b. $125,000 c. 17.9 d. 19.9