Multiple Choice
For a levered firm,an additional 3-day delay in paying suppliers will
A) reduce the firm's long-term external financing need.
B) increase the firm's stock-out costs.
C) increase the cash cycle by 3 days.
D) reduce the operating cycle by 3 days.
E) not affect the cash cycle.
Correct Answer:
Verified
Correct Answer:
Verified
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