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    Exam 16: Short-Term Business Financing
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    If a Company Can Stretch Its Accounts Payable Without Damaging
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If a Company Can Stretch Its Accounts Payable Without Damaging

Question 56

Question 56

Multiple Choice

If a company can stretch its accounts payable without damaging its credit rating, it is effectively ___________ the cost of foregoing the cash discount.


A) increasing
B) reducing
C) not affecting
D) not able to determine.

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