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    Financial Management Theory and Practice Study Set 1
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    Exam 17: Working Capital Management and Short-Term Financing
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    If a Firm Fails to Take Trade Credit Discounts,then It
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If a Firm Fails to Take Trade Credit Discounts,then It

Question 83

Question 83

True/False

If a firm fails to take trade credit discounts,then it may cost the firm some money,but generally such a policy has a negligible effect on the firm's income statement and no effect on its balance sheet.

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