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Celeita Inc wants to sharply reduce its cash conversion cycle. Which of the following steps would reduce its cash conversion cycle? Everything else being same,

  1. Celeita Inc wants to sharply reduce its cash conversion cycle. Which of the following steps would reduce its cash conversion cycle?

Everything else being same, the company pays faster to its suppliers.

Everything else being same, the company decreases the credit period provided to customers.

Everything else being same, the company increases its average inventory.

All of the statements above are correct.

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