1.In what industries would you have a seasonal variation in your inventory?

A

Grocery stores

B

College textbook store

C

Landscaping firm

D

Building supply store

2.How do you compute the operating cycle and the cash cycle?

3.What are the differences between a flexible short-term financing policy and a restrictive one? What are the pros and cons of each?

4.What are the key components of a cash budget?

5.What are the major forms of short-term borrowing?