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

Given the following information, which statement is correct (from the cash management perspective)? 2021 (in days) 2022 (in days) 40 days safes outstanding (DSO) 30 inventory conversion period () 45 days payment outstanding (DPO) 75 55 60 ICP is improving . The operating cycle is becoming longer . All statements are correct . DPO is improving . is improving . The cash conversion cycle is becoming shorter .

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