Question
1. A cash conversion cycle of -5 days is better than a cash conversion cycle of 50 days. TRUE or FALSE 2.The risk-return trade-off in
1. A cash conversion cycle of -5 days is better than a cash conversion cycle of 50 days.
TRUE or FALSE
2.The risk-return trade-off in managing a firm's working capital involves which of the following?
| a trade-off between liquidity and activity | ||
| a trade-off between debt and equity | ||
| a trade-off between the firm's liquidity and its profitability | ||
| none of the above |
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Essential Finance Guide
Authors: DK Publishing
1st Edition
078948157X, 978-0789481573
