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Other things held constant, which of the following would lead to a shorter cash conversion cycle?

A. cash is used to buy marketable securities

B. a company pays their Accounts payables earlier in order to take advantage of discounts

C. a company offers discounts to their customers and therefore gets paid earlier

 

D. long-term bonds are retired from the proceeds of a preferred stock issue

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M91420400

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