An increase in the average payment period will result in ________ in the cash conversion cycle.
A) an increase
B) a decrease
C) an undetermined change
D) no change

Name: An increase in the average payment period will result in ________ in the cash conversion cycle. A) an increase B) a decrease C) an undetermined change D) no change
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Question

Quizplus · Accepted Answer

An increase in the average payment period means the company takes longer to pay its suppliers, which effectively reduces the cash conversion cycle.

An Increase in the Average Payment Period Will Result in ________