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Which of the following statements is correct? Group of answer choices Financial managers need to balance shortage costs against carrying costs to find an optimal
Which of the following statements is correct?
Group of answer choices
Financial managers need to balance shortage costs against carrying costs to find an optimal management strategy.
The restrictive current asset management strategy calls for management to invest large amounts in cash, short-term investments, and inventory.
A flexible current asset investment strategy calls for levels of current assets kept to a minimum.
Operating Cycle = DSO + DPO.
All the answers are correct.
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