Effective cash management includes

Select one: a. Investing excess cash--only a sufficient amount of cash necessary to cover a companys day-to-day needs should be kept on hand; any excess amounts should be invested in an effort to earn an adequate rate of return on cash. b. Managing accounts receivablethe manager should try to increase the rate at which accounts receivable are collected c. Manage accounts payable--managers must consider delayed cash receipts vs. reduced purchase price if discounts are offered for early payment.

managers must evaluate the tradeoff involved by delaying the payment of accounts payable versus the reduced purchase price that results from timely payment.

managers must evaluate the tradeoff involved by delaying the payment of accounts payable versus the reduced purchase price that results from timely payment.

managers must evaluate the tradeoff involved by delaying the payment of accounts payable versus the reduced purchase price that results from timely payment.

managers must evaluate the tradeoff involved by delaying the payment of accounts payable versus the reduced purchase price that results from timely payment.

managers must evaluate the tradeoff involved by delaying the payment of accounts payable versus the reduced purchase price that results from timely payment.

d. Manage inventory levelsinventory should be maintained at levels that allow a company to satisfy customer needs while avoiding having too much of the companys resources tied up in inventory e. All are included.