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The Fried Green Tomatoes Restaurant has increased its operating cycle from 97.6 days to 101.9 days while the cash cycle has decreased by 3 days.
The Fried Green Tomatoes Restaurant has increased its operating cycle from 97.6 days to 101.9 days while the cash cycle has decreased by 3 days. How have these changes affected the accounts payable period? increased or decreased? How many days?
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