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5 An analyst is interested in assessing both the efficiency and liquidity of Spherion PLC. The analyst has collected the following data for Spherion:FY3 FY2 FY1Days of inventory on hand 32 34 40Days sales outstanding 28 25 23Number of days of payables 40 35 35Based on this data, what is the analyst least likely to conclude?A Inventory management has contributed to improved liquidity.B Management of payables has contributed to improved liquidity.C Management of receivables has contributed to improved liquidity.
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