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Increasing the use of accounts payable is favorable to the company because _____ a. it shifts the cost of holding inventory for under 30 days
Increasing the use of accounts payable is favorable to the company because _____ a. it shifts the cost of holding inventory for under 30 days to the vendor b. it lengthens the cash conversion cycle c. it allows the company to increase working capital d. it is offset by an increase in accounts receivable
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