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What will be the answer for the following scenario? Trump Ltd. decided to increase its bill payment time from 20 days to 40 days. It
What will be the answer for the following scenario?
Trump Ltd. decided to increase its bill payment time from 20 days to 40 days. It was said that they wanted to exercise some cost control and optimize cash flow.
i) What impact will this have on Trumps operating and cash cycles?
ii) How will Trumps suppliers be affected?
iii) Is what Trump did ethical to do, especially with short suppliers?
iv) Is there any cash benefit to Trump from the decision?
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