A Firm with a Cash Conversion Cycle of 175 Days

question 175

Multiple Choice

A firm with a cash conversion cycle of 175 days can stretch its average payment period from 30days to 45 days. This will result in a(n) ___________ in the cash conversion cycle of ____________ days.

• A) increase, 15
• B) increase, 45
• C) decrease, 15
• D) decrease, 45

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Definitions:

Self-confidence

The belief in one’s own abilities and judgment, often seen as a critical trait for effective leadership and decision-making.

Leader Characteristics

Attributes or qualities possessed by individuals that enable them to guide, influence, or direct a group towards the achievement of goals.

Trait Approach

A framework used in psychology to study personality, focusing on the identification and measurement of specific characteristics that differentiate individuals.

Cognitive Domain

Pertains to intellectual capabilities and processes such as thinking, knowing, remembering, and problem-solving.