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A company can introduce only one new product from three available. If it estimates the following data, which product would you recommend?
Product A
Product B
Product C
Annual sales
600
900
1,200
Unit cost
680
Fixed cost
200,000
350,000
500,000
Product life
3 years
5 years
8 years
Selling price
760
1,000
1,290
xyz corporation is experiencing an average collection period of 120 days. the industry average is about 75 days. the
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If these changes were made, by how many days would the cash conversion cycle be lowered?
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