Essentials of Corporate Finance
Essentials of Corporate Finance
8th Edition
ISBN: 9780078034756
Author: Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan
Publisher: MCGRAW-HILL HIGHER EDUCATION
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Chapter 16, Problem 10CTCR
Summary Introduction

To discuss: Benefits of cash control in BS Airlines due to the changes of increase in the payable period.

Introduction:

The BS Airline stretch out its bill payments to 45 days from 30 days. This is because the company wants to control the cost and optimize the cash flow.

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