A Firm Can Reduce Its Cash Conversion Cycle by

question 127

Multiple Choice

A firm can reduce its cash conversion cycle by

• A) increasing its average age of inventory
• B) increasing its average collection period
• C) decreasing its average payment period
• D) decreasing the number of customers buying on credit

---

Definitions:

Brown v. Board of Education

A landmark Supreme Court case in 1954 that declared state laws establishing separate public schools for black and white students to be unconstitutional.

Drug Sentencing

The legal process of determining the punishment for drug-related crimes.

Ethnicity

A group of individuals who share a bond over shared ancestry, social ties, cultural backgrounds, or national histories.

Death Penalty

A legal process where a person is put to death by the state as a punishment for a crime.