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Finally, the company considers changing the payment schedule for their employees. Instead of paying them twice a month, they would pay them once, at the

Finally, the company considers changing the payment schedule for their employees. Instead of paying them twice a month, they would pay them once, at the end of the month. This will likely result in ...

[NOTE: More than one answer may be correct]

... a higher net income.

... lower labor costs.

... a higher inventory turnover.

... a higher cash balance.

... a lower cash conversion cycle.

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