Which statement is true? OAA firm would prefer a negative cash cycle over a positive cash cycle OB. Both the operating cycle and the cash cycle must be positive values OC. The longer the cash cycle, the more cash a firm typically has available to invest D. If a firm decreases its inventory period, its accounts receivable period will also decrease O E. Decreasing the inventory period will automatically decrease the payables period QUESTION 4 Which of the following statements is correct? 1. Treasury bills are short-term debt instruments issued by conipanies and/or the government. II. Repurchase agreements have a very liquid secondary market OI only Oll only O Both I and II ONeither I nor II