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A current asset financing strategy in which the cash generated by the conversion of the firm's current assets is used to repay, or liquidate, the

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A current asset financing strategy in which the cash generated by the conversion of the firm's current assets is used to repay, or liquidate, the firm's current liabilities used to finance them. B. The amount of time, usually measured in days, in which a product remains as raw materials, work-in-progress, and finished-goods inventory. C. Its value is calculated by dividing a firm's account receivable balance by its average daily credit sales. D. A "lean-and-mean" investment strategy in which a firm's balances of cash, marketable securities, receivables, and inventories are minimized. E. Also called a "fat cat" working capital policy, it is characterized by high cash, marketable security, receivable, and inventory balances. F. Minimum current asset balances below which a firm's investment rarely drops. G. The term used to collectively refer to a firm's cash, marketable securities, receivables, inventories, and other current assets. H. The amount of current assets financed with long-term liabilities; calculated as the difference between a firm's current assets and its current liabilities. I. A financing policy in which all of a firm's fixed and permanent current assets are financed with its long-term debt and equity capital and its spontaneous sources of short-term capital. J. The amount of time, usually measured in days, in which an account payable remains unpaid

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