A firm that follows a restricted current asset investment policy generally has:
A. uncertain sales.
B. relatively low levels of accounts receivable.
C. a lower return on investment, especially on current assets, than a firm that follows a relaxed current investment policy.
D. a cash conversion cycle greater than the average firm in the industry.
E. the highest inventory conversion period in the industry.
Answer: B
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> 5
A. ? [12, ?)
B. (-?, 4) ? [12, ?)
C. (-?, 4] ? [12, ?)
D. ? (12, ?)
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A. (-2, -2)
B. (-2, -2)
C. (2, 2)
D. (2, 2)
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A. rises to the left and falls to the right
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