Multiple Choice
Wilco's currently has a cash cycle of 43 days.Assume the firm changes its operations such that it decreases its receivables period by 2 days,increases its inventory period by 1 day,and increases its payables period by 3 days.What will be the length of the cash cycle after these changes?
A) 38 days
B) 41 days
C) 39 days
D) 43 days
E) 45 days
Correct Answer:
Verified
Correct Answer:
Verified
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