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    Intermediate Financial Management Study Set 2
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    Exam 21: Working Capital Management
  5. Question
    Offering Trade Credit Discounts Is Costly to a Firm and as a Result
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Offering Trade Credit Discounts Is Costly to a Firm and as a Result

Question 41

Question 41

True/False

Offering trade credit discounts is costly to a firm and as a result, firms that offer trade discounts are usually those that are performing poorly and need cash quickly.

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