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标题: 请教一道问题 [打印本页]

作者: zczbbb 时间: 2014-11-29 05:19 标题: 请教一道问题

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

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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

作者: dyzhang37 时间: 2014-11-30 01:23

Operating Cycle (days) = Inventory outstanding (days) + Sales outstanding (days) - Payable outstanding (days) 套进去所以增加了4天

作者: zczbbb 时间: 2014-12-1 11:12

回复 2# dyzhang37
恩我也是这么觉得的，但是答案是A，看来答案错了

作者: rut 时间: 2014-12-5 22:41

The answer was correct, pls make attention the question is !to the company's credit customers!

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