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

Question 15 options:

ICP is improving.

The operating cycle is becoming longer.

DSO is improving.

All statements are correct.

The cash conversion cycle is becoming shorter.

DPO is improving.

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