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Because bank overdrafts are of a short term nature, they only create short term cost of capital, but do not show up as liability in
Because bank overdrafts are of a short term nature, they only create short term cost of capital, but do not show up as liability in the balance sheet. Do you agree or disagree with this statement? Explain why? What are the key terms of this statement and how are they interconnected? What are the pros and cons
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