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A negative cash conversion cycle indicates that the: operating cycle exceeds the average payment period. average payment period exceeds the operating cycle. firm is shortening
A negative cash conversion cycle indicates that the: operating cycle exceeds the average payment period. average payment period exceeds the operating cycle. firm is shortening its average payment period and lengthening its average collection period. lengthening its average collection period and lengthening its inventory period
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Survey of Accounting
Authors: Edmonds, old, Mcnair, Tsay
2nd edition
9780077392659, 978-0-07-73417, 77392655, 0-07-734177-5, 73379557, 978-0073379555
