Please answer 7,8,9,10

on each page 7. The credit cycle is theof the discount payment period and net payment period before the end of required days to settle a bill. Circle the correct letter answer a, b, c, d, or e a. difference b. sum c. remainder d. net e. None of the above. 8. The amount of time it takes for a firm to be able to use funds after a customer has paid for its goods is Circle the correct letter answer a, b, c, d, or e: a. b. c. d. e. availability float collection float mail float processing float None of the above. 9. is the amount that a firm must keep invested in its short-term assets to support its continuing operations. Circle the correct letter answer a, b, c, d, or e: a. Projected working capital b. Temporary working capital c. Permanent working capital d. Convertible working capital e. None of the above 10. In a of accounts receivable arrangement, the firm sells receivables to the lender and the lender agrees to pay the firm the amount due from customers at the end of the firm's payment period. Circle the correct letter answer a, b, c, d, or e: a. pledging b. non-convertible sale c. convertible sale d. factoring e. None of the above