Explain how trade credit allows firms to use their suppliers as sources of short-term funds.

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Introduction To Corporate Finance

ISBN: 9781118300763

3rd Edition

Authors: Laurence Booth, Sean Cleary

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Question Posted: Feb 25, 2015 10:20 AM

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Explain how trade credit allows firms to use their suppliers as sources of short-term funds.

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Businesses that allow a customer long periods of time to pay their bills are in ...View the full answer

Introduction To Corporate Finance

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