Question: Which statement is true? Paying a supplier within the discount period rather than waiting until the end of the normal credit period will decrease the
Which statement is true?
Paying a supplier within the discount period rather than waiting until the end of the normal credit period will decrease the cash cycle.
A decrease in the accounts receivable turnover rate decreases the cash cycle.
The payables period must be shorter than the receivables period.
The number of days in the cash cycle can be positive, negative, or equal to zero.
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