Ameritech lengthened its payables period to control costs and optimize cash flow. Exactly what is the cash
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Ameritech lengthened its payables period to “control costs and optimize cash flow.” Exactly what is the cash benefit to Ameritech from this change?
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Lengthening the payables period means that Ameritech is taking more time to pay its suppliers for goods or services it has already received This can h...View the full answer
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Related Book For
Fundamentals Of Corporate Finance
ISBN: 9780072553079
6th Edition
Authors: Stephen A. Ross, Randolph Westerfield, Bradford D. Jordan
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