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1. Describe how short-term financial management can improve cash flow through the cash conversion process. 2. What functional area of the firm oversees short-term financial

1. Describe how short-term financial management can improve cash flow through the cash conversion process. 


2. What functional area of the firm oversees short-term financial management? List the specific areas of short-term financial management that this function encompasses. 


3. Define liquidity and how it relates to firm value maximization. 4. Are all profitable firms liquid? Discuss why or why not

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1 ShortTerm Financial Management and Cash Conversion Process Shortterm financial management involves managing a companys resources and liabilities in the short term typically within a oneyear time fra... blur-text-image

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