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25. Which one of the following industries is most apt to have the shortest operating cycle?A. Toy storeB. Car manufacturerC. Local restaurantD. Furniture storeE. Plastics manufacturer
26. All else constant, which one of the following will decrease the cash cycle?
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27. Which one of the following statements related to the inventory period is correct?
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28. Which one of the following firms is most apt to have the shortest inventory period?
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29. Which one of the following activities is most apt to reduce the inventory period?A. Replacing slow-moving items with faster-selling productsB. Replacing fresh foods with canned goodsC. Manufacturing a product for inventory rather than for an orderD. Increasing the amount of inventory on handE. Decreasing the number of times the inventory turns over per year
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Chapter 16 - Short-Term Financial Planning30. Which one of the following is most apt to decrease the accounts receivable period?
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31. An increase in the accounts receivable period will do which one of the following?
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32. Suppose that Martin Metal Products changes its policy and starts requiring all of itscustomers to pay within 20 days rather than the 30 days that it currently allows. Which one ofthe following will result from this change?
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