Question: Moving to another question will save this response Question 2 Which of the following actions is likely to reduce the cash conversion cycle? a. Adopt

 Moving to another question will save this response Question 2 Which

Moving to another question will save this response Question 2 Which of the following actions is likely to reduce the cash conversion cycle? a. Adopt a new manufacturing process that speeds up the conversion of raw materials to finished goods from 20 days to 10 days. b. Change the credit terms offered to customers from 3/10, net 30 to 1/10, net 50. c. Change the credit terms offered to customers from 2/10, net 30 to 1/10, net 60. Od. Begin to take discounts on inventory purchases, buying on terms of 2/10, net 30. e. Adopt a new manufacturing process that saves some labor costs but slows down the conversion of raw materials to finished goods from 10 days to 20 days Moving to another question will save this response

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