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Home Q & A Board Other Fields Homework Help Business Finance
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laywatdut laywatdut
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10 months ago
Generally, the longer the normal inventory holding period of customers, the longer the credit period. One effect of lengthening the credit period to match the customer's merchandise holding period is to increase the payables deferral period, which shortens the customer's cash conversion cycle.


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Textbook 
Financial Management: Theory and Practice

Financial Management: Theory and Practice


Edition: 4th
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crazyali16crazyali16
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10 months ago
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laywatdut Author
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10 months ago
Just got PERFECT on my quiz
Harvinder
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Correct Slight Smile TY
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Thanks for your help!!
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