True or False only

TRUE OR FALSE: 1. The primary objectives in managing the working capital of the business is to maximize the profitability of operations. 2. When the business is liquid, it can hardly settle the currently maturing obligations. 3. Since cash is common to all types of businesses, all businesses have the same cash conversion cycle. 4. In the EOQ model, "inventory cost" refers to the purchase price of inventory and all incidental expenses related to the acquisition. 5. The cost of requisition, processing an order, or the cost of the receipt of the order is included in the ordering cost. 6. To compute the total ordering cost, the ordering cost per order is multiplied by the ratio of the annual demand and economic order quantity. 7. The ordering cost is usually higher than the carrying cost in the EOQ Model. 8. The EOQ model help in determining the number of units to order, and the time when to place and order. 9. One way to achieve the optimum cash balance is to avail of loans from banks or other financial institutions. 10. The cash conversion cycle is usually computed using the information presented in the financial statements