As a firm's cash conversion cycle increases, the firm:
A) becomes less profitable
B) increases its investment in working capital
C) incurs more shortage costs
D) reduces its accounts payable period
Ans: B) increases its investment in working capital
Business
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Board of governors has ________ members each from a different geographic region in the US
Fill in the blank(s) with the appropriate word(s).
Business
An organization has an obligation to its stakeholders to operate as efficiently as possible and to do so it must ensure that company resources are not misused.
a. true b. false
Business