Question 2 Which one of the following statements is correct concerning the Cash Cycle (CC, also called the Cash Conversi

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Question 2 Which One Of The Following Statements Is Correct Concerning The Cash Cycle Cc Also Called The Cash Conversi 1 (25.93 KiB) Viewed 43 times

Question 2 Which one of the following statements is correct concerning the Cash Cycle (CC, also called the Cash Conversion Cycle)? Increasing Inventory by taking a longer time to turn the inventory over, in other words having a longer Dio, allows firms to shorten their Cash Cycle Offering early payment discounts to customers will tend to increase the Cash Cycle O A positive cash cycle is preferable to a negative cash cycle Increasing the Days Payable Outstanding (DPO, also called Accounts Payable Period (APP) lengthens or increases the cash cycle Shorter Cash Cycles are desirables as forms are less likely to need external financing