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A company active in the distribution industry and operating various supermarkets is listed on the stock exchange. its payment conditions have recently changed. It now
A company active in the distribution industry and operating various supermarkets is listed on the stock exchange. its payment conditions have recently changed. It now has a maximum time period of up to 45 days to pay its suppliers instead of 75 days. Assuming that all the characteristics of activities remain unchanged. What will be the impact of this change on :
a. Its working capital and why?
b. Its financial debt and why?
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