Multiple Choice
If The Deli delays paying its suppliers by an additional ten days,then:
A) its payables turnover rate will increase.
B) it should require less bank financing of its daily operations.
C) its cash cycle will increase by ten days.
D) its operating cycle will increase by ten days.
E) its stock-out costs will rise.
Correct Answer:
Verified
Correct Answer:
Verified
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