Firms can control their accruals within fairly wide limits; depending on the cost of accruals, financing from

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‘‘Firms can control their accruals within fairly wide limits; depending on the cost of accruals, financing from this source will be increased or decreased.’’ Discuss.

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Essentials of Managerial Finance

ISBN: 978-0324422702

14th edition

Authors: Scott Besley, Eugene F. Brigham

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