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Question 28 A company just hired a new financial officer who is changing the policy such that suppliers will now be paid in 45 days

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Question 28 A company just hired a new financial officer who is changing the policy such that suppliers will now be paid in 45 days instead of the original 30 days. This change will the accounts payable period and - the cash cycle. O decrease; decrease increase; decrease decreases increase Increase: not affect e increase: increase

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