Question: For each pair below, indicate which firm you would expect to grant shorter or longer credit periods. a. One firm sells hardware; the other sells
a. One firm sells hardware; the other sells bread.
b. One firm's customers have an inventory turnover ratio of 10; the other's customers have turnover of 15.
c. One firm sells mainly to electric utilities; the other to fashion boutiques.
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a Perishable goods bread call for a shorter credit period b ... View full answer
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