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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

  1. 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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