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What would be the probably effect on a firm's cash position of the following events? (a) rapidly rising sales...(b) a delay in the payment of
What would be the probably effect on a firm's cash position of the following events? (a) rapidly rising sales...(b) a delay in the payment of payables....(c) a more liberal credit policy on sales (to the firm's customers)....(d) holding larger inventories.
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