37 Which of the following items would cause the cash conversion cycle to decrease? a. Increasing the average collection period. b. Increasing days payable outstanding. c. None of the listed answers. d. Increasing the days inventory held. Question 38 Which of the following is not a tool or technique used by a financial statement analyst? a. Common-size financial statements. b. Industry comparisons. c. Random sampling analysis. d. Trend analysis. Question 39 An impairment cost must be included under expenses when the book value of an asset exceeds the recoverable amount. True False Question 40 A decrease in accrued liabilities should be added to convert net income to cash flow from operating activities. True False Question 43 Operating expenses can be easily analyzed by preparing a common-size income statement. True False