Fisher allows its customers 30 days to pay for the toy trucks, and the company generally pays t uppre in 4 days. What is the length of Fisher's cash conversation cycle? A) 45 days B) 25 days C) 10 days D) 30 days 42) Sperry's bowling ball company is estimating the following sales forecast for the first quarter of 2017. January $450,100 February $784,200 March $213,600 The estimated customer payments are l 5% in the month of sale, they are 65% in the month following the sale, and the balance of 20% is collected in the second month following the sale. what will be the total amount of cash collect in the month of March? A) S509,730 B) $117,630 C) $213,600 D) $631,790 TRUE/FALSE. Write 'T' if the statement is true and 'F if the statement is false 43) Because "present value" refers to the value of cash flows that occur at different points in time, a series of present values of cash flows should not be summed to determine the value of a capital budgeting project. 43 A) TRUE B) FALSE 44) Net Present Value method assumes cash flows are reinvested at the weighted average cost of capital A) TRUE B) FALSE 45) When two projects are considered mutually exclusive, the cash flows of one can be adversely impacted by the acceptance of the other. A) TRUE B) FALSE 46) Current assets investment policy is used to decide the level of each type of long term asset and liability to hold and how to finance the long term assets. A) TRUE B) FALSE 47) A conservative financing approach to working capital will result in permanent current assets and some season current assets being financed using long-term securities. A) TRUE B) FALSE 48) Net working capital is defined as current assets divided by current liabilities. A) TRUE B) FALSE 49) The term working capital originated from the story of a peddler with a horse and wagon, which were represented as his fixed assets. A) TRUEB) FALSE 50) Credit period is commonly regarded as being a credit policy variable. A) TRUE B) FALSE