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You are in charge of the purchasing department at Big Box Electronics and Appliances. In review of the cash conversion cycle, you become aware of
You are in charge of the purchasing department at Big Box Electronics and Appliances.
In review of the cash conversion cycle, you become aware of a funding gap.
Which of the following statements will not reduce the funding gap?
a Decreasing receivables collection period
b Decreasing days of inventory
c Increasing the payable period
d Increasing sales
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