Question
Which of the following statements about Bodie's accounts payable is true? Accounts payable as a proportion of COGS has declined since 2004 If Bodie's suppliers
Which of the following statements about Bodie's accounts payable is true?
| Accounts payable as a proportion of COGS has declined since 2004 | ||
| If Bodie's suppliers require age of payables to return to historical levels, then (all else equal) Bodie would have less cash on hand | ||
| Bodie's age of payables have declined since 2004 |
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Theoretical Foundations For Quantitative Finance
Authors: Luca Spadafora, Gennady P Berman
1st Edition
9813202475, 978-9813202474
