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1 4 . Which of the following statements regarding a firm stretching their accounts payable is false? a ) A firm s credit rating might
Which of the following statements regarding a firm stretching their accounts payable is false?
a A firms credit rating might be negatively impacted by frequent delays in paying suppliers.
b The supplier might demand COD Cash on Delivery or CBD Cash before Delivery going forward.
c The supplier might choose to discontinue their relationship with the firm if they viewed them as a delinquent customer and if they had doubts as to whether they would receive payment.
d The cost of credit, in some circumstances, would increase as payments are delayed.
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