1. Firm also try to match long term needs with long term borrowing and short term needs with short term borrowing. Class, explain the four elements of a firm's credit policy

 

 2. Management uses the operating cycle analysis to determine working capital needs. Class, what are the two principal reasons for holding cash? 

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      1. Firm also try to match long term needs with long term borrowing and short term needs with short term borrowing. Class, explain the four elements of a firm's credit policy

      2. Management …