A negative cash conversion cycle ________. A) means that the operatin
A negative cash conversion cycle ________.
A) means that the operating cycle exceeds the average inventory period
B) means that the average payment period exceeds the operating cycle
C) indicates that a firm is shortening its average payment period and lengthening its average collection period
D) indicates that a firm is shortening its average age of inventory and average payment period
ANSWER
B
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