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Suppose a firm wants to take advantage of an upward-sloping yield curve. If the firm believes that interest rates will stay constant and it wants

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Suppose a firm wants to take advantage of an upward-sloping yield curve. If the firm believes that interest rates will stay constant and it wants to use the current yield curve to bolster profits, which approach should the firm Follow Conservative approach Aggressive approach Maturity matching approach Red Hamster Manufacturing Corporation has forecasted sales of $27,000,000 for next year and expects its cost of goods sold (COGS) to remain at 80% of sales. Currently, the firm holds $3,100,000 in inventories, $1,900,000 in accounts receivable, and $2,800,000 in accounts payable Approximately how long does it take Red Hamster Manufacturing to convert its raw materials to its finished products and then to sell those goods? (Note: In all calculations, assume that there are 365 days in a year.) O 36.67 days 0 55.00 days 52.38 days 49.76 days

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