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An increase in days sale outstanding would _______ the cash conversion cycle and reflects _________ firm liquidity. Assume that all other factors are held constant.
- An increase in days sale outstanding would _______ the cash conversion cycle and reflects _________ firm liquidity. Assume that all other factors are held constant.
- decrease, increased
- decrease, decreased
- increase, decreased
- increase, increased
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International Financial Management
Authors: Geert Bekaert, Robert Hodrick
3rd edition
1107111820, 110711182X, 978-1107111820
