A fi rm's targ et cash bala nce is the differe nce betwe en its total cash rec eipts and its total cash disburse ments over a partic ular tim e peri od.

True

False

Cr edit purc hases with disc ount off ered by the su pplier is consi dered fre e credit if paid wit hin the discount pe riod and costly cre dit if paid beyond the disc ount period.

True

False