Solved

Other Factors Remaining Constant, a Decrease in the Average Age

Question 192

Multiple Choice

Other factors remaining constant, a decrease in the average age of inventory will result in ________.


A) a decrease in the average collection period
B) a decrease in the cash conversion cycle
C) an increase in the cash conversion cycle
D) an increase in the average collection period

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions