Quiz Ch 04 – Impact of Paying Accounts Payable with Cash

Fundamentals of Corporate Finance

Brealey, Myers, and Marcus

10th Edition

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What will happen if a firm uses cash to pay off $50,000 in accounts payable when it has $600,000 in current assets and $150,000 in current liabilities?

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  • Search Terms: a) $, $,. c) .. b) a accounts and assets capital cash change. correct current decrease. d) firm following has if in increase is it liabilities. net not of off pay payable? ratio the to uses which will working
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