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Question 3 (4 points) Listen The cash cycle should increase with: 1) Increase in carrying costs 2) Decrease in inventory period 3) Decrease accounts receivable

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Question 3 (4 points) Listen The cash cycle should increase with: 1) Increase in carrying costs 2) Decrease in inventory period 3) Decrease accounts receivable period 4) Decrease in accounts payable period Question 4 (4 points) 4) Listen In case the firm runs into financial distress, which one of these actions is not associated with cost of financial distress? Which of the following is least likely to be a component of a firm's expected cost of financial distress? 1) Legal fees associated with filing a chapter 11 restructuring, 2) Reduced accounts payable period due to stricter suppliers' credit policy. 3) The CEO and CFO spending effort preparing a restructuring plan. 4) Costs of goods sold

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