Question: Hello i need finding the answer to this multiple choice question: Cash Conversion Cycle = (Inventory Days + Accounts Receivable Days - Accounts Payable Days).
Hello i need finding the answer to this multiple choice question:
Cash Conversion Cycle = (Inventory Days + Accounts Receivable Days - Accounts Payable Days). Which of the following would increase a firm's Cash Conversion Cycle?
a. Increase cash days.
b. Increase accounts payable days.
c. Decrease accounts receivable days.
d. Increase inventory days.
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