Problem: Indicate the effect that the following will have on the operating cycle. Use the letter I to indicate an increase, the letter D for a decrease, and the letter N for no change.
a. Average receivables go up
b. Credit payment time for customers are increased
c. Inventory turnover goes from 3 times to 7 times
d. Payables turnover goes from 6 times to 11 times
e. Receivables turnover goes from 7 to 9 times
f. Payment to suppliers are accelerated