Question
A decrease in Average Collection Period, all other things equal, would ___________ the working capital cycle and reflect ________________ liquidity a-decrease; increased b-decrease; decreased c-increase;
A decrease in Average Collection Period, all other things equal, would ___________ the working capital cycle and reflect ________________ liquidity
a-decrease; increased
b-decrease; decreased
c-increase; increased
d-increase; decreased
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Fundamentals of Investments Valuation and Management
Authors: Bradford D. Jordan, Thomas W. Miller
5th edition
978-007728329, 9780073382357, 0077283295, 73382353, 978-0077283292
