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You prefer to extend credit on the assumption that you will bepaid in full within 20 days of the sales. Firm X has averageinventory of

You prefer to extend credit on the assumption that you will bepaid in full within 20 days of the sales. Firm X has averageinventory of $450,000 with all cash sales (no credit sales) of$6,100,000. I 2 answers

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