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Short-Term Finance and Planning. Imagine that you have a choice between a business firm with short-term operating cycle and a firm with long-term operating cycle.

"Short-Term Finance and Planning."

Imagine that you have a choice between a business firm with short-term operating cycle and a firm with long-term operating cycle. Determine two (2) advantages and two (2) disadvantages of each. Select the operating cycle (short-term or long-term) that you prefer and justify your answer with an explanation.

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