4a) The aggressive funding strategy is a strategy by which a firm finances all projected...
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Accounting
4a)
The aggressive funding strategy is a strategy by which a firm finances all projected funds requirements with long-term funds and uses short-term financing only for emergencies or unexpected outflows.
A) True B) False
4b)
The ____ of a firm is the amount of time required for a company to convert cash invested in its operations to cash received as a result of its operations.
A) Cash conversion cycle B) Cash turnover C) Average collection period D) Average age of inventory
4c)
A firm can reduce its cash conversion cycle by _____.
A) Increasing the operating cycle B) Increasing the average collection period C) Increasing the average age of inventory D) Increasing the average payment period
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