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Describe what happens to a firm current asset accounts

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Q1. Explain how the length of the operating cycle affects the amount of funds invested in accounts receivable and inventories.

Q2. Describe what happens to a firm's current asset accounts if the firm has seasonal sales and uses level production or seasonal production.

Q3. Explain the strategies enterprises can use to finance the assets with short-term funds and with long-term funds.

Reference no: EM133067455

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