For each of the following pairs, is firm A or firm B more likely to grant the longer credit period a Firm A sells hardware firm B sells bread b Firm A 's customers have an inventory turnover ratio of 10 firm B 's customers have a turnover of 15 c Firm A sells mainly to electric utilities firm B sel...

a Firm A Since the item sold can be reclaimed if payment is not made Bread will be con ...

For each of the following pairs, is firm A or firm B more likely to grant the

Question:

For each of the following pairs, is firm A or firm B more likely to grant the longer credit period?
a. Firm A sells hardware; firm B sells bread.
b. Firm A's customers have an of 10; firm B's customers have a turnover of 15.
c. Firm A sells mainly to electric utilities; firm B sells to fashion boutiques.
Inventory Turnover Ratio
Inventory Turnover RatioThe inventory turnover ratio is a ratio of cost of goods sold to its average inventory. It is measured in times with respect to the cost of goods sold in a year normally. Inventory Turnover Ratio FormulaWhere,...