Why must management distinguish between current assets that, Financial Management

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Why must management distinguish between current assets that

1. Why must management distinguish between current assets that can be easily converted to cash and those that are more permanent?

2. Explain how to determine whether to buy or sell futures when hedging.

3. Explain the following terms about futures contract? 1. Maturity Month 2. Contract Sizes 3. Method of Contract Settlement 4. Trading statistics: volume vs. open interest

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