When Interpreting the Cash Conversion Cycle (CCC), Which of the Following

question 42

Multiple Choice

When interpreting the cash conversion cycle (CCC) , which of the following is true?

• A)The higher the CCC value the better, because it means the firm is converting its cash quickly
• B)The lower the CCC value the better, because it means the firm is recovering its cash quickly
• C)The higher the CCC value the better, because it means the firm is paying its debt quickly
• D)The higher the CCC value the better, because it means the firm is delaying the payment of its debt

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