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Posts: 166
A month 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
Edition: 2nd
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Posts: 237
A month ago
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Delaying payment can increase the effective cost of credit in some circumstances.
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