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Managers who stretch their payables are attempting to: Choose one answer. a. repay more recent charges prior to early charges. b. improve their current ratio

Managers who "stretch their payables" are attempting to: Choose one answer. a. repay more recent charges prior to early charges. b. improve their current ratio prior to preparation of financial statements. c. offer finished goods at a discount for repayment. d. obtain a longer period of short-term financing

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