Trade Working Capital Needs or Cash Conversion Cycle (CCC) for a company can be calculated as follows. Note: Days Inventory Outstanding (DIO), Days Payables Outstanding (DPO), Days Sales Outstanding (DSO) Select one: a. CCC = DSO + DPO- DIO b. CCC = DPO + DSO+ DIO C. CCC = DSO + DIO - DPO d. CCC = DIO + DPO - DSO Which of the following statements is true? Select one: a. Risks are often classified in terms of their likelihood to occur and their impact on the firm's performance b. Firms typically prioritize high impact risks only c. Risk mitigation strategies must be developed for all risks independent of their likelihood or impact d. None of the above