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ABC Company would like to shorten its cash cycle. The company is considering the following options: 1) changing credit terms from 2/10 net 30, to

ABC Company would like to shorten its cash cycle. The company is considering the following options: 1) changing credit terms from 2/10 net 30, to 1/10 net 30 2) paying suppliers within 10 days instead of 20 3) factoring a portion of the accounts receivable 4) paying cash for inventory purchases. Which of these options will shorten the cash cycle? Select answer from the options below 1, 2, and 4 1 and 3 3 only 2 and 4

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