Question: Question 13 (5 points) Assume the industry average for the CCC metric DSO is superior to that of the firm. If the firm improved performance
Question 13 (5 points) Assume the industry average for the CCC metric DSO is superior to that of the firm. If the firm improved performance in this metric to that of the industry average, how would this change the firm's investment in accounts receivable? It would decrease, freeing up cash for other purposes. It would increase, freeing up cash for other purposes. It would increase, requiring more cash to support inventory. It would decrease, requiring more cash to support inventory
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