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Explain reasoning based on the theories

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Question 1: In each of the following pairings, indicate which firm would probably have a longer credit period and explain your reasoning based on the theories or concepts applicable in the topic.

a. Firm a sells customers with an inventory turnover of 10 times.

Firm B sells to customer with an inventory turnover of 20 times.

b. Firm A sells fresh fruit, Firm B sells canned fruit.

c. Firm A sells and installs carpeting, Firm B sells rugs.

Reference no: EM132504646

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