Question 25 The basic strategies that should be employed by the business firm in managing cash include all of the following EXCEPT Paying accounts payable as late as possible without damaging the firm's credit rating Turning over inventory as quickly as possible, avoiding stockouts Operating in a fashion that requires maximum cash Collecting accounts receivable as quickly as possible without damaging customer rapport Based on the information provided below, calculate net worth: $ Liquid assets 40,000 Investment 240,000 Real properties 800,000 Personal properties 12,000 Current liabilities 6,700 Long term liabilities 300,000 A $1,085,300 B. $785,300 C. $792,000 D. $752,000 B