Measures the time it takes to collect money from customers

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Reference no: EM131869441

1. Which of the following most directly measures the time it takes to collect money from customers?

Purchase-to-payment period

Sale-to-cash period

Inventory-to-sale period

Cash conversion cycle

2. The well-developed financial markets that exist in the United States have allowed us to achieve a higher standard of living than would otherwise be possible.

True or False

Reference no: EM131869441

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