6. Which of the following statement is CORRECT? a. It is always better to have a

Question

6.            Which of the following statement is CORRECT?

a.            It is always better to have a relatively short than a relatively long cash conversion cycle.

b.            The length of the cash conversion cycle represents a tradeoff between risk and return.

c.             The length of the cash conversion cycle has no effect on a firm's profitability.

d.            The length of the cash conversion cycle might have an effect on a firm's profitability, but it is impossible to state if that effect is positive or negative.

Explanation / Answer

b

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