The company negotiates credit terms with suppliers to delay payment of liabilities as long as possible. Customers

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The company negotiates credit terms with suppliers to delay payment of liabilities as long as possible. Customers are regularly allowed to pay after due dates without concern. Excess cash is put into short-term investments to earn extra income. All equipment is purchased, even if it is infrequently used. Cash payments and receipts are not planned. Instead, the company assumes it will have enough sales to not have to worry about cash shortages

Posted Date: May 18, 2024 03:05 PM

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The company negotiates credit terms with suppliers to delay payment of liabilities as long as possible. Customers

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