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