b. Suppose that from the start of the year the company stretches payables by paying 40% after

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b. Suppose that from the start of the year the company stretches payables by paying 40%

after one month and 20% after two months. (The remainder continue to be paid cash on delivery.) Recalculate payables for each month assuming that there are no cash penalties for late payment.

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Principles Of Corporate Finance

ISBN: 9781264080946

14th Edition

Authors: Richard Brealey, Stewart Myers, Franklin Allen, Alex Edmans

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Question Posted: Jul 31, 2024 09:01 AM

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b. Suppose that from the start of the year the company stretches payables by paying 40% after

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Principles Of Corporate Finance

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