The management at Purple Panda Importers wants to continue its internal discussions regarding its cash management. One of the finance team members presents the following case to her cohorts: Which of the following responses to the CFO's Case in Discussion statement is most accurate? O The CFO is not taking into account the amount of time the company has to pay its suppliers. Generally, there is a certain Green Catepillar Garden Supplies Inc.'s length of time between the purchase of management plans to finance its operations materials and labor and the payment of with bank loans that will be repaid as soon as cash for them. The CFO can reduce the cash is available. The company's estimated length of the bank loan by this management expects that it will take 50 days amount of time. to manufacture and sell its products and 40 o The CFO's approximation of the length of days to receive payment from its customers. the bank loans should be accurate, Green Catepillar Garden Supplies Inc.'s CFO because it will take 90 days for the has told the rest of the management team company to manufacture, se and collect that they should expect the length of the cash for its goods. All these things must bank loans to be approximately 90 days. occur for the company to be able to repay its loans from the bank. Is it possible for a firm to have a negative CCC? O No O Yes