Other things held constant,which strategy would tend to reduce the cash conversion cycle?
A)maintaining the same level of receivables as sales decline
B)placing larger orders for raw materials to take advantage of price breaks
C)taking all discounts that are offered
D)not taking all discounts that are offered to get more trade credit

Question

Quizplus · Accepted Answer

The Answer of Other things held constant,which strategy would tend to reduce the cash conversion cycle?
A)maintaining the same level of receivables as sales decline
B)placing larger orders for raw materials to take advantage of price breaks
C)taking all discounts that are offered
D)not taking all discounts that are offered to get more trade credit

Other Things Held Constant,which Strategy Would Tend to Reduce the Cash