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What is the net change in the cash cycle

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Reference no: EM133053860

Question - Assume a firm decreases its inventory by 3 days of sales, increases its accounts payable by 4 days, and increases accounts receivable by 2 days. What is the net change in the cash cycle?

a. Decrease of 5 days

b. Increase of 3 days

c. Increase of 1 day

d. Decrease of 1 day

Reference no: EM133053860

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