Question: A company needs to develop an objective for paying bills. Does it want to stretch its cash flow as far as it can? Does it

A company needs to develop an objective for paying bills. Does it want to stretch its cash flow as far as it can? Does it want to have a good reputation of always paying bills on time? Does it want to be sure to get paid by its customers before they pay their vendors? In a group, discuss what would be the best payment terms to use for each objective and its impact on the company.

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