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All else the same, a firm would prefer a: lower cash turnover, because this indicates a more efficient use of cash. higher cash turnover, because
All else the same, a firm would prefer a:
lower cash turnover, because this indicates a more efficient use of cash.
higher cash turnover, because this implies a more efficient use of cash.
lower cash turnover, because this would lead to greater profits.
higher cash turnover, because the cash conversion cycle should be higher.
higher cash turnover, because this implies a firm has more cash.
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