Use the Table for the Question(s)below

question 90

Multiple Choice

Use the table for the question(s) below.
Luther Enterprises Ltd had sales of $850 million and a cost of goods sold of $500 million in 2016.
A simplified balance sheet for the firm appears below:
-Which of the following would decrease a firm's cash conversion cycle?

• A)increase the accounts payable days
• B)increase the accounts receivable days
• C)increase the inventory days
• D)increase the cash days

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High Need For Power

A personality trait characterized by a strong desire for influence, control, or authority over others or situations.

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A principle in instructional design suggesting that learning is enhanced when material is presented in a more detailed and expansive manner, allowing for deeper understanding.

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Minimax Principle

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