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laywatdut laywatdut
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A year ago
Generally, the longer the normal inventory holding period of customers, the longer the credit period. One effect of lengthening the credit period to match the customer's merchandise holding period is to increase the payables deferral period, which shortens the customer's cash conversion cycle.


▸ true

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Textbook 
 Financial Management: Theory and Practice

Financial Management: Theory and Practice


Edition: 4th
Authors:
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crazyali16crazyali16
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