Multiple Choice
Given a fixed level of sales and a constant profit margin,an increase in the accounts payable period can result from:
A) an increase in the cost of goods sold account value.
B) an increase in the ending accounts payable balance.
C) an increase in the cash cycle.
D) a decrease in the operating cycle.
E) a decrease in the average accounts payable balance.
Correct Answer:

Verified
Correct Answer:
Verified
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