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A firm historically acquired products that were held in inventory until they could be sold to a customer. The firm is now changing its policy

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A firm historically acquired products that were held in inventory until they could be sold to a customer. The firm is now changing its policy and only acquiring a product when it receives an actual order from a customer. All else equal, this change will: increase the operating cycle. shorten the accounts payable period. lengthen the accounts receivable period. decrease the cash cycle. decrease the inventory turnover rate

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