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Which one of the following statements concerning the cash cycle is correct? Multiple Choice The cash cycle plus the accounts receivable period is equal to
Which one of the following statements concerning the cash cycle is correct?
Multiple Choice
The cash cycle plus the accounts receivable period is equal to the operating cycle.
A negative cash cycle is preferable to a positive cash cycle.
The cash cycle is equal to the operating cycle minus the inventory period.
Granting credit to slower paying customers tends to decrease the cash cycle.
The most desirable cash cycle is the one that has a small positive value.
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