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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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