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wrightjb wrightjb
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4 years ago
Which of the following is NOT a reason why a firm may typically choose not to stretch its accounts payable?

▸ Delaying payment can increase the effective cost of credit in some circumstances.

▸ The firm's credit rating may be damaged.

▸ The supplier may choose to discontinue business with delinquent customers.

▸ The supplier may demand COD or CBD in future.
Textbook 
Fundamentals of Corporate Finance

Fundamentals of Corporate Finance


Edition: 2nd
Authors:
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mcwieckmcwieck
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4 years ago
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wrightjb Author
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