Why cant a firm that wants to increase disbursement float simply make payments after the stated due

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Why can’t a firm that wants to increase disbursement float simply make payments after the stated due date?

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Introduction to Finance Markets Investments and Financial Management

ISBN: 978-1118492673

15th edition

Authors: Melicher Ronald, Norton Edgar

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Question Posted: Mar 27, 2015 12:35 PM

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Why cant a firm that wants to increase disbursement float simply make payments after the stated due

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There is an ethical issue with paying invoices late If a vendor ha...View the full answer

Introduction to Finance Markets Investments and Financial Management

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