Multiple Choice
Helena Furnishings wants to reduce its cash conversion cycle sharply.Which action should it take?
A) The company should increase its average inventory without increasing its sales.
B) The company should reduce its DSO.
C) The company should start paying its bills sooner, which reduces its average accounts payable without reducing its sales.
D) The company should increase its DSO.
Correct Answer:
Verified
Correct Answer:
Verified
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