STU Corporation is facing liquidity issues due to a significant increase in its accounts payable balance. Analyze the impact of delayed payments to suppliers on STU Corporation's financial position and cash flow. STU Corporation's accounts payable balance increased from $1,000,000 to $1,500,000 during the fiscal year. Discuss the strategies that STU Corporation can implement to manage its accounts payable effectively while maintaining positive relationships with its suppliers and preserving its cash reserves.