问题
单项选择题
A company has a cash conversion cycle of 80 days. If the company' s average receivables turn-over increases from 11 to 12, the company' s cash conversion cycle:（）
A. decreases by approximately 3 days.
B. increases by approximately 3 days.
C. decreases by approximately 30 days.
答案
参考答案：A
解析：
cash conversion cycle (CCC) = days of sales outstanding + days of inventory on hand-number of days of payables, days of sales outstanding = 365/receivables turnover = 365/11 = 33.18 ; 365/ 12 = 30.42. This means the CCC decreases by 2.76 days.