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Home Q & A Board Other Fields Homework Help Business Management
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mantparn mantparn
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7 years ago
When a firm stretches accounts payable without hurting its credit rating, the cost of giving up a cash discount is ________.
A) reduced
B) increased
C) unaffected
D) increased or decreased depending on the opening accounts payable balance
Textbook 
Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
Authors:
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donnabandonnaban
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7 years ago
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mantparn Author
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#2
7 years ago
Thanks for the assistance, I've marked your post as best answer
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