"The process of establishing credit is known as the 5Cs, which stands for character. capacity, collateral capitat and conditions:" True. False QUESTION 15 What should a company do to optimize its cash conversien cycle? "Shorten accounts recevable, inventory, and sccounts payable turnover" "Lengthen accounts receivable inventory, and accounts payable turnover" Lengthen accounts recelvable and inventory turnover and shorten accounts payable turnover Shorten accounts recelvable and inventory turnover and lengthen accounts payabie turnover QUESTION 16 Current liabilities include "accounts payable, short term notes payable, current maturities of lone-tern debt and stockholders ecialy" "short-term notes paryable current maturities of long-term debt, net profit, and retained earnings" accounts payable, short-term notes payable, current maturisies of leng-term debt, and interest payable? accounts poysble, accounts receivable, short-term debt, and cash- QUESTION 17 Tven though sales and profats might be raine a business with growing demand for its products and services still needs what to meet its oncolng cosh needs? plans for capial expenditure working copital thanagement tools OH anderend poitcy acepuluen plans