Which one of the following can occur if the operating cycle decreases while both the accounts receivable and the accounts payable periods remain constant?
A) Inventory period remains constant
B) Cash cycle increases
C) Inventory turnover rate increases
D) Accounts receivable turnover rate increases
E) Cash cycle remains constant
Correct Answer:
Verified
Q24: Which statement is true?
A)The inventory period increases
Q25: Which industry is most apt to have
Q26: The operating cycle:
A)illustrates the sources and uses
Q27: Tri-City Grocers is a chain of grocery
Q28: An increase in the accounts receivable period
Q30: Which statement is true?
A)If a firm decreases
Q31: Which statement is true?
A)A decrease in the
Q32: Which of the following tend to rise
Q33: Which of the following costs will tend
Q34: Which of these is most apt to
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