Question: Ch 18: 3. Changes in the Operating Cycle [L01] Indicate the effect that the following will have on the operating cycle. Use the letter I

Ch 18: 3. Changes in the Operating Cycle [L01] Indicate the effect that the following will have on the operating cycle. Use the letter I to indicate an increase. the letter D for a decrease. and the letter N for no change: a. Average receivables goes up. b. Credit repayment times for customers are increased. c. Inventory turnover goes from 3 times to 6 times. d. Payables turnover goes from 6 times to 11 times. e. Receivables turnover goes from 7 times to 9 times. f. Payments to suppliers are accelerated

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