Cash conversion cycle Cash management is a very important function of managers. Companies need to manage their operations in a way that they can sustain growth and yet not run out of cash.

takes___

30.39 days,26.43, 29.07, or 23.79 days

takes___

53.76, 44.41, 46.75, or 56.10 days

prefer a___

longer or shorter

What are the current asset financing strategies that firms adopt? Suppose a firm wants to take advantage of an upward-sloping yield curve. If the firm believes that interest rates will stay constant and it wants to use the current yield curve to bolster profits, which approach should the firm follow? Conservative approach Maturity matching approach Aggressive approach Suppose a firm occasionally faces demand for short-term credit but usually has an excess of short-term capital to linance current assets. Which approach is the firm following? Aggressive approach Maturity matching approach Conservative approach Which usually costs less-short-term or long-term debt? Short-term debt Long-term debt