Payables Period Blue-Sky lengthened its payables period to control costs and optimize cash flow. Exactly what is

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Payables Period Blue-Sky lengthened its payables period to “control costs and optimize cash flow.” Exactly what is the cash benefit to Blue-sky from this change?

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Fundamentals of Corporate Finance

ISBN: 978-0077861629

8th Edition

Authors: Stephen A. Ross, Randolph W. Westerfield, Bradford D.Jordan

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