Cash received in January for a credit sale made in December will: A.Increase cash and sales revenue in January B.Increase cash but decrease expenses in January C.Increase cash but decrease accounts receivable in January D.Increase cash and increase accounts receivable in January

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Conversion Cycle

Conversion cycle is also known as cash cycle or net operating cycle. Conversion cycle refers to how much time a company takes to turn its investments which is done from stock or any other financial resources into cash flows from sales.