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A corporation has a decrease in its operating cycle and a decrease in its cash cycle. All else remaining unchanged, this would occur if the corporation's A. Payable period increased B. Receivables period decreased C. Receivables period increased D. Inventory period increased

A corporation has a decrease in its operating cycle and a decrease in its cash cycle. All else remaining unchanged, this would occur if the corporation's A. Payable period increased B. Receivables period decreased C. Receivables period increased D. Inventory period increased

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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A corporation has a decrease in its operating cycle and a decrease in its cash cycle. All else remaining unchanged, this would occur if the corporation's A. Payable period increased B. Receivables period decreased C. Receivables period increased D. Inventory period increased
Transcribed Image Text:A corporation has a decrease in its operating cycle and a decrease in its cash cycle. All else remaining unchanged, this would occur if the corporation's A. Payable period increased B. Receivables period decreased C. Receivables period increased D. Inventory period increased
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