When the accounts receivable turnover and payables deferral period are decreased,a firm's cash conversion cycle will be lengthened.

Name: When the accounts receivable turnover and payables deferral period are decreased,a firm's cash conversion cycle will be lengthened.
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Question

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A shorter accounts receivable turnover and a longer payables deferral period both mean that the company takes longer to convert sales into cash. This is reflected in a lengthening of the cash conversion cycle.

When the Accounts Receivable Turnover and Payables Deferral Period Are