Determine whether each policy below is good or bad cash management; then identify the cash management strategy violated or followed for each policy. a. The company negotiates credit terms with suppliers to delay payment of liabilities as long as possible.
b. Customers are regularly allowed to pay after due dates without concern.
c. Excess cash is put in checking accounts, earning no interest income.
d. Rarely used equipment is rented rather than purchased.
e. Cash receipts and cash payments are regularly planned and reviewed.

Afirm wants to strengthen its financial position. which of the following actions would increase its current ratio? a. reduce the company's days' sales outstanding to the industry average and use the resulting cash savings to purchase plant and equipment.b. use cash to repurchase some of the company's own stock.c. borrow using short-term debt and use the proceeds to repay debt that has a maturity of more than one year.d. issue new stock, then use some of the proceeds to purchase additional inventory and hold the remainder as cash.e. use cash to increase inventory holdings.