question no 3 from chapter 7

question no 2 from chapter 8

3- Chapter 7 explains the types of decisions financial managers take to manage their current asse (cash, accounts receivables, inventory) and remain profitable without incurring two much r Assume a company wants to increase their collection policy from 30 days to 45 days. Another words, currently their policy is 30 days. They have studied the market, and they can increase sales by 10% by increasing the collection period to 45 days. Explain three elements (out of many) that the financial manager will need to consider before deciding ts risk 4 A business must invest/ use cash to purchase inventory. The inventory, once sold, creates profit (sales price minus cost) that can be used to cover other expenses such as salaries...and create a net profit that can be distributed to shareholders i Explain one advantage and one disadvantage of keeping a large amount of inventory on