Question: i need help with question 7 Question 7 1 pts Which of the following statements is incorrect? The cash conversion cycle does not start until
Question 7 1 pts Which of the following statements is incorrect? The cash conversion cycle does not start until the firm actually pays for its inventory. O All the answers are correct except one. The restrictive current asset management strategy calls for management to invest large amounts in cash, short: term investments, and inventory. The cash conversion cycle begins when a firm uses cash to purchase the raw materials that would be used to produce the goods that the form manufactures. Financial managers need to balance shortage costs against carrying costs to find an optimal management strategy
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