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Question 12 (5 points) Which of the following actions would be likely to shorten the cash conversion cycle? Which of the following actions would be

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Question 12 (5 points) Which of the following actions would be likely to shorten the cash conversion cycle? Which of the following actions would be likely to shorten the cash conversion cycle? Change the credit terms offered to customers from 2/10, net 30 to 1/10, net 60. Adopt a new manufacturing process that saves some labor costs but slows down the conversion of raw materials to finished goods from 10 days to 20 days. Adopt a new manufacturing process that increases the conversion of raw materials to finished goods from 10 days to 15 days. Change the credit terms offered to customers from 3/10, net 30 to 5/10, net 30. Begin to take discounts on inventory purchases: we buy on terms of 2/10, net 30

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