The goal of the managing cash conversion period is to _____ the number of days.

Name: The goal of the managing cash conversion period is to _____ the number of days.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The goal of managing cash conversion period is to decrease the number of days. This is because a shorter cash conversion period means that the company is able to convert its receivables and inventory into cash more quickly, which improves its liquidity and ability to invest in growth opportunities. Therefore, choice C is the best answer.

The Goal of the Managing Cash Conversion Period Is to _____