Question: What scenario is consistent with an increase in working capital? A) The firm's inventory turnover decreases by 2 days. B) The firm's Days Payable Outstanding
What scenario is consistent with an increase in working capital?
A) The firm's inventory turnover decreases by 2 days.
B) The firm's Days Payable Outstanding increase by 15 days.
C) The firm's Average Collection Period increases by 10 days, from 5 to 15 days, while sales are unchanged.
D) The firm issues Long Term Debt.
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