Question: Which one of the following actions will decrease the operating cycle? Multiple Choice Increasing inventory Paying for more inventory with cash rather than credit Paying

Which one of the following actions will decrease the operating cycle?
Multiple Choice
Increasing inventory
Paying for more inventory with cash rather than credit
Paying suppliers faster
Granting customers more time to pay for their credit purchases
Lessening the production time needed to manufacture a good for sale

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!