f a firm had a negative CCC (as compared to a positive one), what would this represent?

Select one:

a. A firm that probably relies on short-term financing to cover its cash shortfalls

b. A firm that is probably cash positive and can take advantage of short-term investments

c. A firm that is probably cash positive, but with cash shortfalls that need covering

d. A firm that relies on short-term financing and can take advantage of short-term investments