Question: please help urgently select correct answer Chami Ltd had the following Creditors payment period ratios for 2021 and 2020. 2021 2020 30 days 55 days
Chami Ltd had the following Creditors payment period ratios for 2021 and 2020. 2021 2020 30 days 55 days Assuming that the other Financial ratios used to calculate the Operating and Working capital cycles remains constant in 2021 and 2020, the decrease in Creditors payment period would have had the following effects on Chami Lid's Operating and Working Capital Cycles in 2021: . Operating Cycle Working Capital Cycle No effect No effect B. Operating Cycle Working Capital Cycle Increase No effect . Operating Cycle Working Capital Cycle Increase Decrease OD Operating Cycle Working Capital Cycle Increase Decrease Reset Selection
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