请大神看看，这道题是否错了， 上面不是说延长了customer的支付期限吗，应该是days of account receivable的时间变长了才对啊 20 of 120 A company extends its trade credit terms by four days to all its credit customers. The most likely effect of this change to the company's credit customers is a four-day: | a | decrease in the company's net operating cycle. | | b | increase in the company's operating cycle. | | c | decrease in the company's operating cycle. |
Question not answered
The company's customers are receiving a four-day increase in their number of days of payables, which will reduce the company's cash conversion cycle (net operating cycle) by four days. 2014 CFA Level I
"Financial Analysis Techniques," by Elaine Henry, Thomas R. Robinson, and Jan Hendrik van Greuning "Working Capital Management," by Edgar A. Norton, Jr., Kenneth L. Parkinson, and Pamela Peterson Drake
Section 2.2 | 
发表于 2014-11-29 05:19
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