If a Firm Decided to Speed Up Its Collection from Its

question 15

Multiple Choice

If a firm decided to speed up its collection from its customers by reducing the receivables period and kept the inventory period and payable period the same,then:

• A) cash conversion cycle will increase.
• B) cash conversion cycle will decrease.
• C) the firm's investment in working capital will be minimized.
• D) unable to determine from the information provided.

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Definitions:

Develop Morality

The process through which individuals learn and internalize societal norms and values concerning right and wrong behavior.

Exposure to Diversity

The experience of coming into contact with and learning about people from a wide range of different backgrounds, cultures, and perspectives.

Scaffolding

Temporary support that is tailored to a learner’s needs and abilities, and aimed at helping the learner master the next task in a given learning process.