Which of the Following Would Increase a Firm's Cash Conversion

question 60

Multiple Choice

Which of the following would increase a firm's cash conversion cycle?

• A)increase inventory days
• B)decrease accounts receivable days
• C)decrease accounts payable days
• D)increase cash days
• E)increase average daily sales

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Definitions:

Outside World

Everything that exists outside of one's mind or personal experience, including physical reality and the environment.

Sympathetic Nervous System

A part of the autonomic nervous system that prepares the body for physical activity by increasing heart rate, dilating airways, and other physiological responses.

Mobilizing

The act of preparing and organizing resources or people for action or use.

Peripheral Nervous System

The part of the nervous system that consists of the nerves and ganglia outside of the brain and spinal cord, involved in connecting the CNS to limbs and organs.