If You Delay Paying Your Suppliers by an Additional Ten

question 114

Multiple Choice

If you delay paying your suppliers by an additional ten days, then:

• A)your payables turnover rate will increase.
• B)you will require less bank financing of your operations.
• C)the cash cycle will increase by ten days.
• D)your operating cycle will lengthen by ten days.
• E)your stock-out costs will rise.

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