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Holding other factors the same, which of the following will cause both the Operating Cycle and the Cash Cycle to decrease? Decreasing the Accounts Receivables
Holding other factors the same, which of the following will cause both the Operating Cycle and the Cash Cycle to decrease?
Decreasing the Accounts Receivables Turnover from 7 times to 6 times | ||
Decreasing the Inventory Turnover from 7 times to 6 times | ||
Increasing the Inventory Period by 7 days while simultaneously increasing the Accounts Payable period by 8 days | ||
Decreasing the Inventory Period by 7 days while simultaneously decreasing the Accounts Payable period by 7 days | ||
None of the other answer choices are correct | ||
Increasing the average Inventory balance |
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