Question: Given the following information, which statement is correct (from the cash management perspective)? 2021 (in days) 2022 (in days) days sales outstanding (DSO) 30 40

Given the following information, which statement is correct (from the cash management perspective)?

2021 (in days) 2022 (in days)

days sales outstanding (DSO)

30 40

inventory conversion period (ICP)

45 55 days

Payment outstanding (DPO) 75 60

options: The operating cycle is becoming longer. ICP is improving. The cash conversion cycle is becoming shorter. DPO is improving. DSO is improving. All statements are correct.

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