If credit period is increased by the supliers of the company cash conversion cycle will
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CASH CONVERSION CYCLE
" It is the length of time b/w organisations payment for purchases and reciept of cash from debtors"
If the credit period is increased, cash conversion cycle will be SHORTER.
THE SHORTER THE CYCLE THE BETTER IT IS.
Thanks for asking. Hope it helps you!
" It is the length of time b/w organisations payment for purchases and reciept of cash from debtors"
If the credit period is increased, cash conversion cycle will be SHORTER.
THE SHORTER THE CYCLE THE BETTER IT IS.
Thanks for asking. Hope it helps you!
Answered by
4
Answer:
CASH CONVERSION
CYCLE
" It is the length of time b/w
organisations payment for purchases and
reciept of cash from debtors"
If the credit period is increased, cash
conversion cycle will be SHORTER.
THE SHORTER THE CYCLE THE
BETTER IT IS.
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