Other things held constant, which of the following would tend to reduce the length of the cash conversion cycle?
a. Maintain a constant level of receivables even as sales fall.
b. Buy larger quantities of raw materials and hold them as inventories in order to take advantage of quantity discounts.
c. Switch from paying for purchased materials in 60 days to paying in 10 days in order to obtain discounts.
D.Switch from paying for purchased materials in 10 days in order to obtain discounts to paying in 60 days.
e. Change the credit policy from cash only to offering 60 days of credit