A financial manager should strive to maximize the investment in current assets.
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Q37: An increase in the cash conversion cycle
Q38: Cash conversion cycle = Operating cycle -
Q39: Speculative motives for holding cash include holding
Q40: Precautionary motives for holding cash include holding
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Q43: All businesses can earn interest at the
Q44: Federal funds are an excellent investment alternative
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Q47: Typically, business firms should strive to maximize
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