Describe the cash conversion cycle and discuss its importance to working capital management.

Multiple choices are:

the cash conversion cycle shows how to liquidate assets

the cash conversion cycle is an amount of time

the cash conversion cycle is an amount of money

the cash conversion cycle takes into account credit used for accounts payable and credit granted for accounts receivable

A and B

A and C

A and D

B and C

B and D

C and D

all but A

all but B

all but C

all but D

all are true