Corporate FInace Assignment/ Professional Essay Writers
May 16th, 2020
Which one of the following statements is correct concerning the cash cycle?
Multiple Choice:
a. The longer the cash cycle, the more likely a firm will need external financing.
b. Increasing the accounts payable period increases the cash cycle.
c. Accepting a supplier’s discount for early payment decreases the cash cycle.
d. The cash cycle can exceed the operating cycle if the payables period is equal to zero.
e. Offering early payment discounts to customers will tend to increase the cash cycle. Get Finance Help Today
