. Mohammed has made an analysis of the two food producing companies in Oman. The analysis is on comparing their cash conversion cycle. Though there was little difference between the two companies but a significant change was observed in the results of previous year to this year. The cash conversion cycle of both companies has increased which means ___________
. Mohammed has made an analysis of the two food producing companies in Oman. The analysis is on comparing their cash conversion cycle. Though there was little difference between the two companies but a significant change was observed in the results of previous year to this year. The cash conversion cycle of both companies has increased which means ___________
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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46. Mohammed has made an analysis of the two food producing companies in Oman. The analysis is on comparing their cash conversion cycle. Though there was little difference between the two companies but a significant change was observed in the results of previous year to this year. The cash conversion cycle of both companies has increased which means ___________.
a.
The companies are not managing their account receivables
b.
The companies are receiving the cash late and payments are made early
c.
All of the options
d.
The companies are not effectively managing inventory
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