1. A firm that can pay its suppliers (accounts payables) on time without impeding its ability to take advantage of economically feasible investment opportunities is best characterized as: w a. Liquid b. Insolvent woll das 190 barmoni woll lesa gnlanenit besond roll rises grizenogo ni borcoman c. Unprofitable d. Unlevered wolt dass nitso ni b 2. A drop in the Cash Conversion Cycle (CCC) most likely implies: of gniwollol uiroru a. Increased liquidity 012-hotnsvni ni storil 0E2-n olissa 0012-aman 25 b. Decreased liquidity 22 zaldayan nA ni sasa bns 062-devis C. Increased funds are tied up in current assets d. All the above 212 4 22 d DET 3. Inventory divided by daily Cost of Goods Sold defines: a. Days' Notes Payable outstanding b. Days' Inventory Heldblupil it a to stuzcampz slay noizvoda 01 namatatz gniwollat c. Days' Sales Outstanding d. Days' Other Payables Outstanding gd of aboen tartsoo bamslssy be done nomm to tuomia sil (CT) HONORE