Multiple Choice
A firm currently has a 36 day cash cycle. Assume that the firm changes its operations such that it decreases its receivables period by 4 days,increases its inventory period by 1 day and decreases its payables period by 2 days. What will the length of the cash cycle be after these changes?
A) 31 days
B) 33 days
C) 35 days
D) 37 days
E) 38 days
Correct Answer:
Verified
Correct Answer:
Verified
Q2: Salem Inc.has an inventory turnover of 15
Q21: ABC,Inc. has a beginning receivables balance on
Q22: D & F,Inc. expects sales of $620,$650,$730
Q23: Which of the following actions will tend
Q24: An increase in which one of the
Q26: A restrictive short-term financial policy,as compared to
Q27: Cash cycle equals:<br>A) inventory period plus accounts
Q28: A cumulative cash deficit indicates that a
Q29: A prearranged credit agreement with a bank
Q30: Which one of the following will increase