Question: Determine whether the following will INCREASE, DECREASE, or have NO EFFECT on the cash cycle: Accounts payable goes up Accounts receivable goes down Customers take
Determine whether the following will INCREASE, DECREASE, or have NO EFFECT on the cash cycle:
Accounts payable goes up
Accounts receivable goes down
Customers take longer to pay for the goods
Payments to suppliers are accelerated
Inventory takes longer to get sold
Accounts Receivables Turnover ratio increases from 5 times to 7 times
Accounts Payable Turnover ratio increases from 5 times to 7 times
Inventory Turnover ratio increases from 5 times to 7 times
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