Which of the Following Statements Is False

question 116

Multiple Choice

Which of the following statements is false?

• A)the cash conversion cycle is the time between when the firm pays its suppliers and when it collects money from its customers.
• B)Because commercial paper rates are typically below the U.S.Treasury bill rates, commercial paper is a valuable short-term financing source for high quality business firms.
• C)More efficient management of working capital assets will lessen the firm's need to obtain financing.
• D)All of the statements above are correct.

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