Question: i need help with questions 2-5 Question 2 1 pts Which of the following statements is correct? Financial managers need to balance shortage costs against



Question 2 1 pts Which of the following statements is correct? Financial managers need to balance shortage costs against carrying costs to find an optimal management strategy The restrictive current asset management strategy calls for management to invest large amounts in cash, short- term investments, and inventory. A flexible current asset investment strategy calls for levels of current assets kept to a minimum Operating Cycle.OSODPO All the answers are correct Question 3 1 pts Constellation Brands Inc A has an operating cycle of 132 days. The firm's days' sales in inventory is 37 days. How much does the firm have in receivables if it has credit sales of $400,000? Round your final answer to the nearest dollar. $125.220 O $104,110 $150.703 O $45,078 none of the answers is correct, Question 4 1 pts Tractor Supply Co offers its customers payment terms of 4/10 EOM, net 60. Assuming 365 days in a year, calculate the implicit cost of trade credit (Do not round intermediate calculations. Round final answer to two decimal places). 29.41% O 34.72% 22.63% 25.5396 none of the answers is correct. Question 5 1 pts The Williams Companies Inc estimates that the company takes 54 days on average to pay off its suppliers. It also knows that it has days' sales in inventory of 66 days and days sales' outstanding of 98 days. What is its cash conversion cycle? O 118 days O 110 days 54 days none of the answers is correct. 62 days
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