And answer the following questions. 1. Select the correct answer. It is equal to the time elapsed between the cash expenses to pay the productive resources and the income obtained from the sale of the products. Are we talking about the cash conversion cycle? ( ) False true 2. Complete with the missing words. ___________ financing is that which does not ___________ ___________ for the company, it is granted in the form ___________. This alternative does not have a ___________ ___________, although it does have a ___________. It does not imply ___________ and ___________; furthermore, these sources are produced without ___________. 3. List the following columns that identify the forms of spontaneous financing: () It happens when a company does not pay its suppliers in a timely manner. a) Commercial credit. () Until salaries and taxes are paid, companies have interest-free financing. b) Discounts for prompt payment. () Suppliers grant a short deferral period before payment. They may be; open accounts, documents payable and commercial acceptances. c) Delay of accounts payable. () When a cash discount for prompt payment is offered but not taken advantage of, the discount becomes a trade credit cost