Which THREE of the following actions, considered in isolation, would increase the working capital cycle...

CIMA F1 Question Answer

Which THREE of the following actions, considered in isolation, would increase the working capital cycle of an entity?

Remove a prompt payment discount available to customers.

Reduce the selling prices charged to customers.

Change to a Just-in-Time approach to manage inventory.

Take advantage of new bulk purchase discounts available.

Take longer to pay suppliers for purchases.

Increase the credit period available to customers.

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