Why is the cash cycle so important?

Multiple choice question.

If a firm can find a way to decrease the cash cycle, it can also decrease its operating cycle.

A firm must finance the cash cycle and thus wants to minimize this cash need by decreasing the cash cycle.

Since the cash cycle is the average length of time it takes to collect payment for a sale, firms prefer to minimize this cycle.

Firms prefer to have more cash rather than less cash and thus want to increase the cash cycle.