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The overriding principal of working capital management is: O a. To minimize the Cash Conversion Cycle b. To maximize the Cash Conversion Cycle c. To

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The overriding principal of working capital management is: O a. To minimize the "Cash Conversion Cycle" b. To maximize the "Cash Conversion Cycle" c. To minimize the "Cash Conversion Cycle" while not endangering legitimate customer sales O d. To maximize the level of current assets e. To minimize the level of current assets Question 25 2 pts An Aggressive Working Capital Asset Financing Policy: a. Uses short term financing to finance all of its temporary working capital, but also its permanent working capital and some of its fixed assets b. Uses long term and permanent financing to finance all of its temporary working capital, but also its permanent working capital and fixed assets c. Uses short term financing to finance its temporary working capital and long term and permanent financing to finance its permanent working capital and fixed assets O d. Uses whatever financing the firm can obtain to finance its temporary working capital, permanent working capital and fixed assets

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