In what sense do accounts payable and accruals provide spontaneous funds to a growing firm?

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In what sense do accounts payable and accruals provide

“spontaneous funds” to a growing firm?

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Intermediate Financial Management

ISBN: 9781337395083

13th Edition

Authors: Eugene F. Brigham, Phillip R. Daves

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Question Posted: Mar 10, 2024 12:02 AM

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In what sense do accounts payable and accruals provide spontaneous funds to a growing firm?

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Accounts payable and accruals provide spontaneous funds to a growing firm in the sense that they represent shortterm sources of financing that arise n...View the full answer

Intermediate Financial Management

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