The chief drawback of not taking a cash discount for early, Ask an Expert

Finance

The chief drawback of not taking a cash discount for early payment of an invoice is -

a. that it lengthens the Cash Cycle

b. that is shortens the Operating Cycle

c. that it makes short term financing more expensive

d. there are no drawbacks to not taking cash discounts

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91794877

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