问题
单项选择题
A company has a cash conversion cycle of 70 days. If the company' s payables turnover decreases from 11 to 10 and days of sales outstanding increase by 5, the company's cash conversion cycle will :（）
A. decrease by approximately 8 days.
B. decrease by approximately 3 days.
C. increase by approximately 2 days.
答案
参考答案：C
解析：
cash conversion cycle (CCC) = days of sales outstanding + days of inventory on hand-number of days of payables number of days of payables =
Since the payables payment period increases by 3.32 days and receivables days increases by 5, CCC increases by 1.68 days.