A company currently has a 48 day cash cycle. Assume the firm changes its operations such that it decreases its receivables period by 2 days, increases its inventory period by 3 days, and increases its payables period by 4 days. What will the length of the cash cycle be after these changes?
A) 42 days
B) 43 days
C) 45 days
D) 47 days
E) 49 days
Correct Answer:
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