** Please do not anwser if not 100 percent sure I have gotten some of these wrong in the past. Thank you for the help!

Both the inventory conversion period and payables deferral period use the average daily coGs in their denominators, whereas the average collection period uses average daily sales in its denominator. Why do these measures use different inputs? O inventory and accounts payable are carried at cost on the balance sheet, whereas accounts receivable are recorded at the price at which goods are sold. O Current assets should be divided by sales, but current liabilities should be divided by the coGs. The management at Jealous Leopard Trading Company wants to continue its internal discussions related to its cash management. One of the finance team members presents the following case to his cohorts: Which of the following responses to the CFO's statement is most accurate? Case in Discussion O The CFO's approximation of the length of Extensive Enterprise's management plans to finance its operations with bank loans that will be repaid as soon as cash is available. The company's management expects that it will take 40 days to manufacture and sell its products and 35 days to receive payment from its customers. Extensive's CFO has told the bank loans should be accurate, because it will take 75 days for the company to manufacture, sell, and collect cash for its goods. All these things must occur for the company to be able to repay its loans from the bank. O The CFO is not taking into account the amount of time the company has to pay its suppliers. Generally, there is a certain length of time between the purchase of materials and labor and the payment of cash for them. The CFO can reduce the estimated length of the bank loan by this amount of time. the rest of the management team that they should expect the length of the bank loans to be approximately 75 days