Answer True or False. Briefly explain the false ones 31. \"Stretching the accoun

Question

Answer True or False. Briefly explain the false ones 31. "Stretching the accounts payable" means paying them at the last moment even though the payment terms are 2/10, n /30 32. Converting long-term debt to short-term debt is an excellent strategy for the liquidity of the company. 33. Compensatory balances are an important element for cash management 34. The more times the interest is calculated, the greater the amount and the lower the accumulated interest. 35. The net present value is a tool to determine the discounted present value of an amount to be received in the future.

Explanation / Answer

1.True.

2.False,liquidity means able to meet the debts pomptly,extending debts to long terms improves liquidity

3.True.

4.False,the more times interest calculated greater is the amount and accumulated interest.

5.False,it is used for financial viability of a project.

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