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Which of the following actions should reduce the cash conversion cycle? Select one: a . Take steps to reduce DSO. b . Start paying bills
Which of the following actions should reduce the cash conversion cycle?
Select one:
a Take steps to reduce DSO.
b Start paying bills sooner.
c Sell common stock to retire longterm bonds.
d Sell an issue of longterm bonds to buy back common shares.
e Increase average inventory without increasing sales.
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