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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