Other things held constant which of the following would, Ask an Expert

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

a. Cash is used to buy marketable securities.

b. A company pays their accounts payable 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.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92264625

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