Which of the following statements is correct? All the answers are correct. Maturity matching strategy calls for all seasonal working capital and a portion of the permanent working capital and fixed assets to be funded with short-term debt. Commercial paper is a promissory note issued by large financially secure firms that have high credit ratings. Carrying costs arise mainly from illiquidity-shortage of cash or a lack of marketable securities to sell for cash. The restrictive current asset management strategy has a high percent of current assets to sales, whereas a flexible policy has a low percent of current assets to sales. 1 pts D Question 10 Brown-Forman Corp B has an operating cycle of 156 days. The firm's days' sales in inventory is 60 days. How much does the firm have in receivables if it has credit sales of $550,000? Round your final answer to the nearest dollar. $144,658 $240,272 none of the answers is correct. $193,316 $137,596