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A Firm with a Cash Conversion Cycle of 175 Days

Question 175

Multiple Choice

A firm with a cash conversion cycle of 175 days can stretch its average payment period from 30days to 45 days. This will result in a(n) ___________ in the cash conversion cycle of ____________ days.


A) increase, 15
B) increase, 45
C) decrease, 15
D) decrease, 45

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