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[solution]: 6. Credit Period Length In each of the following pairings, indicate which firm would probably have...


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6.        Credit Period Length   In each of the following pairings, indicate which firm would probably have a longer credit period and explain your reasoning. a.   Firm A sells a miracle cure for baldness; Firm B sells toupees. b.   Firm A specializes in products for landlords; Firm B specializes in products for renters. c.    Firm A sells to customers with an inventory turnover of 10 times; Firm B sells to customers with an inventory turnover of 20 times. d.   Firm A sells fresh fruit; Firm B sells canned fruit. e.    Firm A sells and installs carpeting; Firm B sells rugs.  

 


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