Float is important in the cash conversion cycle of a firm because . A. its presence reduces the investment that a firm must make in its cash conversion cycle B. its presence reduces a firm's average payment period C. its presence reduces a firm's average collection period D. its presence lengthens both a firm's average collection period and its average payment period

According to ceo heidi ganahl, camp bow wow requires a strong and consistent corporate culture to keep all local franchise owners "on the same page" and to follow a common template for the business and brand. this culture could become detrimental over time because: (a) strong consistent cultures are inflexible and incapable of adapting to environmental change (b) strong consistent cultures are too flexible and capable of adapting to environmental change (c) strong consistent cultures don’t perform well in any environment (d) the passing of time provides stability and predictability for businesses