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Question 3 2 pts Given that Geneseo Coffee Company has $6,000,000 in sales and $500,000...

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Question 3 2 pts Given that Geneseo Coffee Company has $6,000,000 in sales and $500,000 in Accounts receivable last year.If sales increase by 10% and accounts receivable by $40,000 what will be the impact on the cash conversion cycle? The cash conversion cycle will decrease by .55 days The cash conversion cycle will change by 10% reflecting higher sales It decreases the return on equity O O It can not be determined because of lack of information on inventory, accounts payable and cogs

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