Question
You oversee the purchasing department of Best Buy and are concerned about the funding gap in your cash conversion cycle. Which of the following will
You oversee the purchasing department of Best Buy and are concerned about the funding gap in your cash conversion cycle. Which of the following will not reduce the funding gap?
| a. | Increasing the payable period |
| b. | Increasing sales |
| c. | Decreasing receivables collection period |
| d. | Decreasing days inventory |
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Entrepreneurial Financial Management An Applied Approach
Authors: Jeffrey R Cornwall, David O Vang, Jean M Hartman
5th Edition
0367335417, 978-0367335410
