Question
Discuss how an increase in a company's accounts payable from one period to the next is a means to maintain high cash balances in the
Discuss how an increase in a company's accounts payable from one period to the next is a means to maintain high cash balances in the companys bank account.
Also answer the question: Do you believe there are any ethical considerations in slowing payments to your suppliers for the sake of increasing your company's bank balances?
answer to discussion must be a minimum of 100 words
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Survey Of Economics, Principles, Applications, And Tools
Authors: Arthur O'Sullivan, Steven M. Sheffrin, Stephen J. Perez
5th Edition
0132556073, 978-0132556071
