QUESTION company stund common stock for 120.000 sold office equipment for $4.000. paid cash adds of .00, puchat maistus metus payable of 4000 in their Statement of Cash Flows what was the net cash inflow out how trom financing activities a $13.000 b. ($6.000) O $23.000 d. $14,000 QUESTION 24 Which of the following statements best describes the cash conversion cycle? O a. Average number of days between paying cash for inventory and receiving cash from customers b. Average number of days between purchasing inventory and receiving cash from customers Oc effective working capital management increases the cash conversion cycle Od. A shorter cash conversion cycle indicates ineffective management of working capital