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QUESTION 6 What is the effect of stretching payables to suppliers on the accounts payable turnover and cash flow from financing activities? a. Increase accounts
QUESTION 6
- What is the effect of stretching payables to suppliers on the accounts payable turnover and cash flow from financing activities?
| a. | Increase accounts payable turnover; decrease cash flow from financing activities |
| b. | No change in accounts payable turnover; increase cash flow from financing activities |
| c. | Decrease accounts payable turnover; no change in cash flow from financing activities |
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