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If a companys account payable period is longer than its operating cycle, then which of the following is most likely to be true: A) the
If a companys account payable period is longer than its operating cycle, then which of the following is most likely to be true:
A) the company can avoid paying corporate taxes on earnings retained as cash. B) the companys future cash flows will increase at a steady rate. C) the companys cash cycle is negative D) the company pays for its inventory before it receives payments for its sales E) the companys cash cycle is longer than its operating cycle.
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