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Free CPA Exam: BAR Practice Questions
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Question 1 of 10Business Analysis
A distributor reported inventory days of 58, receivable days of 44 and payable days of 30 last year. This year management negotiated longer supplier terms, and the year-end metrics were inventory days of 56, receivable days of 49 and payable days of 46. By how many days did the cash conversion cycle change, and which driver mattered most?
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