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The extent of the financing is directly correlated to the useful life of an asset being financed, justify. During the year the following changes were
The extent of the financing is directly correlated to the useful life of an asset being financed, justify. During the year the following changes were observed. (I.) Inventory period increased by 12 days (II.) Receivables period decreased by 6 days (III.) Accounts payable period increased by 4 days
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