5. Operating and Cash Cycles [LO1] Is it possible for a firm's cash cycle to be longer than its operating cycle? Explain why or why not. Use the following information to answer Questions 610: Last month, BlueSky Airline announced that it would stretch out its bill payments to 45 days from 30 days. The reason given was that the company wanted to control costs and optimize cash flow. The increased payables period will be in effect for all of the company's 4,000 suppliers. 6. Operating and Cash Cycles [LO1] What impact did this change in payables policy have on BlueSky's operating cycle? Its cash cycle? 5. Operating and Cash Cycles [LO1] Is it possible for a firm's cash cycle to be longer than its operating cycle? Explain why or why not. Use the following information to answer Questions 610: Last month, BlueSky Airline announced that it would stretch out its bill payments to 45 days from 30 days. The reason given was that the company wanted to "control costs and optimize cash flow. The increased payables period will be in effect for all of the company's 4,000 suppliers. 5. Operating and Cash Cycles [LO1] Is it possible for a firm's cash cycle to be longer than its operating cycle? Explain why or why not. Use the following information to answer Questions 610: Last month, BlueSky Airline announced that it would stretch out its bill payments to 45 days from 30 days. The reason given was that the company wanted to control costs and optimize cash flow. The increased payables period will be in effect for all of the company's 4,000 suppliers. 6. Operating and Cash Cycles [LO1] What impact did this change in payables policy have on BlueSky's operating cycle? Its cash cycle? 5. Operating and Cash Cycles [LO1] Is it possible for a firm's cash cycle to be longer than its operating cycle? Explain why or why not. Use the following information to answer Questions 610: Last month, BlueSky Airline announced that it would stretch out its bill payments to 45 days from 30 days. The reason given was that the company wanted to "control costs and optimize cash flow. The increased payables period will be in effect for all of the company's 4,000 suppliers