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According to an Article in STLToday

question 66

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According to an article in STLToday.com, "Anheuser Busch-InBev's tougher line toward suppliers has drawn fire. The U.S. division is losing some suppliers who can't adjust to the company's new policy of taking as long as 120 days to pay bills. Before the InBev takeover, Anheuser-Busch paid many of its accounts in 30 days." This news refers to the brewer's policies.


Definitions:

Excess Of Par

The amount by which the price or value of a security exceeds its par value, particularly in the context of bond or stock issuance.

Cash Dividends Payable

A liability on the balance sheet indicating the amount of dividends the company has declared but has not yet paid to shareholders.

Declaration Of Cash Dividends

The announcement by a company's board of directors of a payment of cash dividends to shareholders.

Paid-In Capital

The total amount of money or value that shareholders have invested in a company through the purchase of its stock.

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