Question: Credit Period Length. In each of the following pairings, indicate which firm would probably have a longer credit period and explain your reasoning.
a. Firm A sells a miracle cure for baldness; Firm B sells toupees.
b. Firm A specializes in products for landlords; Firm B specializes in products for renters.
c. Firm A sells to customers with an inventory turnover of 10 times; Firm B sells to customers with an inventory turnover of 20 times.
d. Firm A sells fresh fruit; Firm B sells canned fruit.
e. Firm A sells and installs carpeting; Firm B sells rugs.