1. Private equity funds commonly exit their investment in a business by:
1) selling their stake to another company 2) engaging in a credit default swap with the business 3)investing in shares of the business when the business engages in an IPO 4) repurchasing shares of their own stock in the secondary market.
2. Which one of these changes indicates an improvement in a firm's asset management efficiency?
A) An increase in the amount of assets per dollar of sales
B) An increase in the inventory turnover rate
C) A decrease in the receivables turnover rate
D) An increase in the average days in inventory