On a typical day a firm writes $8,000 in checks, It generally takes 5 days for these checks to clear. Each day the firm typically receives $8,500 in checks that take 5 days to clear. What is the firm's net float? Select one a $2,500 negative b$ 500 negative O c. Zero net float d $ 500 positive e $2,500 positive Which of the following actions should reduce the cash conversion cycle? Select one a Take steps to roduce DSO b. Start paying bills sooner O c Sell common stock to retire long-term bonds O d Sell an issue of long-term bonds to buy back common shares e Increase average inventory without increasing sales Which of the following statements is most consistent with efficient inventory management? Select one a Few disruptions in the production schedule o 1.5 b Below average total assets turnover ratio Reistvely hgh current rato d Relalively low DSO