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Which of the following will NOT help a company shorten its cash conversion cycle? 1. Encouraging slow-paying customers to pay within terms. 2. Only pay

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Which of the following will NOT help a company shorten its cash conversion cycle? 1. Encouraging slow-paying customers to pay within terms. 2. Only pay obligations at the end of the trade credit term. 3. Carefully scheduling production runs and managing finished goods inventories. 4. Carefully planning inventory purchases. 5. Borrowing in long-term to take advantage of relative low interest payments

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