Other Factors Remaining Constant, a Decrease in the Average Age

question 192

Multiple Choice

Other factors remaining constant, a decrease in the average age of inventory will result in ________.

• A) a decrease in the average collection period
• B) a decrease in the cash conversion cycle
• C) an increase in the cash conversion cycle
• D) an increase in the average collection period

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Definitions:

Catering Business

A business that provides food service to events and locations external to their own facilities.

White Paper

A concise yet authoritative report or guide that seeks to inform readers about a complex issue and presents the issuing body’s philosophy on the matter.

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Inbound Marketing

A business methodology that attracts customers by creating valuable content and tailoring experiences to them.