q1&2

QUESTION 1 Which statement is true? O A. The longer the cash cycle, the more cash a firm typically has available to invest. O B. Both the operating cycle and the cash cycle must be positive values. O C. If a firm decreases its inventory period, its accounts receivable period will also decrease. O D. Decreasing the inventory period will automatically decrease the payables period. OE. A firm would prefer a negative cash cycle over a positive cash cycle. QUESTION 2 Which of the following statements is correct? 1. Treasury bills are short-term debt instruments issued by companies and/or the government. II. Repurchase agreements have a very liquid secondary market. I only Oll only O Both I and II O Neither I nor