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Question 19 (6 points) Indicate which firm, of each pair, you would expect to grant shorter or longer credit periods (1 mark) and why (1

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Question 19 (6 points) Indicate which firm, of each pair, you would expect to grant shorter or longer credit periods (1 mark) and why (1 mark). a. One firm sells smart phones; the other specializes in high-end Greek yogurt and other health foods. (2 marks) b. One firm has an inventory turnover ratio of 7; and the other has a turnover of 6. (2 marks) c. One firm sells their product to banks, while the other firm sells to companies that sell fishing tackle. (2 marks)

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