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A Positive Cash Conversion Period Means That

Question 47

Multiple Choice

A positive cash conversion period means that:


A) You have an inefficient receivables control system
B) You are getting cash in before you deliver products/services
C) You have a very efficient receivables control system
D) You are receiving cash after you deliver products/services
E) Customers pay you before you provide them products/services

Correct Answer:

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