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pjw1979 pjw1979
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A month ago
When interpreting the cash conversion cycle (CCC), which of the following is TRUE?

▸ The higher the CCC value the better, because it means the firm is delaying the payment of its debt.

▸ The higher the CCC value the better, because it means the firm is converting its cash quickly.

▸ The lower the CCC value the better, because it means the firm is recovering its cash quickly.

▸ The higher the CCC value the better, because it means the firm is paying its debt quickly.
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
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apinaapina
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A month ago
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pjw1979 Author
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A month ago
Thanks
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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2 hours ago
You make an excellent tutor!
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