Use the Figure for the Question(s)below

question 15

Multiple Choice

Use the figure for the question(s) below.
-The above screen shot from Google Finance shows the basic stock information for Logitech International SA (USA) after the close of business on May 30,2008.What is the difference between the opening and closing price of the stock on this date?

• A)$0.49
• B)$0.27
• C)$0.24
• D)$0.03
• E)$0.18

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Definitions:

Credit Analysis

The process of evaluating an individual's or organization's ability to repay a loan or debt.

Accounts Receivable

Outstanding payments that customers are required to make to a business for received goods or services.

Bad Debt Risk

The risk associated with the possibility that a debtor will not fulfill their obligations as outlined in the terms and conditions.

Commercial Paper Instruments

Short-term unsecured promissory notes issued by companies to finance their immediate cash needs.