Please answer any or all, thank you!!

______ 30. Most industrialized nations in the world now use a _____________________________, where

exchange rates fluctuate due to changes in demand.

A. floating exchange rate system

B. fixed exchange rate system

C. purchasing power parity exchange rate system

D. central bank regulatory system

______ 31. Firms hold cash balances

A. to complete transactions that are necessary in business operations.

B. as compensation to banks for providing loans and services.

C. to earn Interest Revenue.

D. A and B.

E. A and B and C.

______ 32. To reduce the length of its Cash Conversion Cycle (CCC), a company could

A. adopt a new inventory system that reduces the inventory conversion period.

B. reduce the average Days Sales Outstanding (DSO) on its Accounts Receivable.

C. reduce the amount of time the company takes to pay its suppliers.

D. A and B.

E. A and B and C.

______ 33. A lock box system for cash collections from customers is most beneficial to firms which

A. make collections over a wide geographic area.

B. have widely dispersed manufacturing facilities.

C. have a large marketable securities account to protect.

D. hold inventories at many different sites.

______ 34. A(n) ____________________ opportunity exists if a currency trader has the opportunity to earn a

positive cash flow with no risk involved in the transaction.

A. gold standard

B. arbitrage

C. interest rate parity

D. market equilibrium