QUESTION 5 As sales increase, a firm needs to proportionately to support the A increase the level of fixed assets; Increase the level of inventory B. increase the level of inventory; higher sales level C. Increase the level of inventory, increase the level of fixed assets D. None of the above QUESTION 6 Which of the following statements is false? A. A positive cash conversion cyde means the company is paying its payables before receiving its receivables. B. A negative cash conversion cycle means the company is collecting its receivable before paying its payables. Oc The cash conversion cycle is the length of time required for the company to recieve its inventory and then receive cash from the sales of its inventory D. All of the above statements are true