Multiple Choice
A firm currently has a cash cycle of 36 days.Assume the firm changes its operations such that it decreases its receivables period by 4 days,decreases its inventory period by 1 day,and decreases its payables period by 2 days.What will be the length of the cash cycle after these changes?
A) 31 days
B) 35 days
C) 33 days
D) 37 days
E) 38 days
Correct Answer:
Verified
Correct Answer:
Verified
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