Question 41 of 50 1 Points A firm with a cash conversion cycle of 50 days can stretch its average payment period from 15 days to 30 days. This will result in alan ... A. decrease of 15 days in the cash conversion cycle. OB. increase of 10 days in the cash conversion cycle. OC. decrease of 30 days in the cash conversion cycle. OD. increase of 15 days in the cash conversion cycle. Reset Selection Question 42 of 50 1 Points Which one of the following statements is incorrect? A. Relaxation of credit standards will cause an increase in sales volume. B. Relaxation of credit standards will cause an increase in accounts receivable. C. Relaxation of credit standards will cause a decrease in bad debt costs. OD. Tightening of credit standards will cause a decrease in bad debt costs. Reset Selection