Hello Tutors,

Just an example of this type of question if you don't mind assisting me. Below are multiple choices.

Thank you, kindly.

Which of the following actions should Reece Windows take if it wants toreduceits cash conversion cycle?

a. Increase average inventory without increasing sales.

b. Sell an issue of long-term bonds and use the proceeds to buy back some of its common stock.

c. Start paying its bills sooner, which would reduce the average accounts payable but not affect sales.

d. Sell common stock to retire long-term bonds.

e. Take steps to reduce the DSO.