Which of the Following Actions Are Likely to Reduce the Length

Multiple Choice

Which of the following actions are likely to reduce the length of a company's cash conversion cycle?

A) Adopting a new inventory system that reduces the inventory conversion period.
B) Reducing the average days sales outstanding (DSO) on its accounts receivable.
C) Reducing the amount of time the company takes to pay its suppliers.
D) Statements a and b are correct.
E) All of the statements above are correct.