54.) Suppose Merck implemented a plan to produce and sell goods faster, collect faster, and...
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Accounting
54.) Suppose Merck implemented a plan to produce and sell goods faster, collect faster, and delay its own payments still more, all without lowering sales or increasing operating costs, which would reduce its cash conversion cycle. How would you expect these actions to impact its profits and ROE?
a.) Raise
b.) Lower
c.) No change
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You can see the logs in the Dashboard.