Question 7 Which of the following statements is NOT correct? Managing working capital is important because it influences financing decisions and the form profitability ACM y hold a relatively large amount of cash and marketable securities if it is uncertain about its volume of sales, profits and cash roves during the coming year, storm wants to generate more cash flow from operations in the next month or two i could change its credit policy from 2/10, nct 30 to net 60. The cash budget is set to help estimate future francing needs, especially the need for short-term working capital ans Credit policy as an impact on working capital because it influences both sales and the time before receivables are collected Previous