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Calculate the cash conversion cycle of days


Assignment:

A firm with a cash conversion cycle of 175 days can stretch it average payment period from 30 days to 45 days. This will result in an _____ in the cash conversion cycle of _____ days.

A. increase; 15

B. Increase; 45

C. Decrease; 15

D. Decrease; 45

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Finance Basics: Calculate the cash conversion cycle of days
Reference No:- TGS02015142

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