Which of these is most apt to decrease the accounts receivable period for a store that has both cash and credit sales?
A) Increasing the time granted to customers to pay for purchases
B) Lengthening the cash cycle
C) Increasing customer discounts for cash payment
D) Selling inventory slower
E) Paying suppliers faster
Correct Answer:
Verified
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Q40: The cash cycle is equal to the:
A)inventory
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