Determine If Each Ordered Pair Is a Solution to the Given

question 21

Multiple Choice

Determine if each ordered pair is a solution to the given system of inequalities in two variables.
- $$\begin{array} { l } x + y = 13 \\y = x ^ { 2 } - 14 x + 49\end{array}$$
(i) $( - 4,17 )$ ; (ii) $( 9,4 )$

• A) (i) Yes; (ii) No
• B) (i) Yes; (ii) Yes
• C) (i) No; (ii) Yes
• D) (i) No; (ii) No

Understand how the average collection period and credit sales impact the firm's receivables balance.

Comprehend the effects of granting credit on a firm's total revenues, costs, and cash cycle.

Identify the factors influencing credit policy decisions, including the cost of sales and the operational impacts of offering credit.

Analyze the relationship between credit policy and firm financing needs.

---

Definitions:

Previewing

The act of examining or reviewing something before seeing or viewing it in its entirety to get a general idea of its content.

Comprehension

The ability to understand and grasp the meaning of something.

Previewing

A reading strategy that involves quickly reviewing a text to get an overview of its content before detailed reading.

Outline

A general description or plan showing the essential features of something but not the detail.