1. Which of the following decreases cash? A. an increase in current assets other than...
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Accounting
1. Which of the following decreases cash?
A. an increase in current assets other than cash.
B. a decrease in fixed assets.
C. an increase in current liabilities.
D. A and C.
E. None of the above.
2.Wislon, Inc. has an inventory turnover rate of 15, an accounts payable period of 54 days and an accounts receivable period of 37 days. What is the length of the cash cycle?
A. -7.33 days
B. -2.00 days
C. 2.00 days
D. 6.50 days
E. 7.33 days
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