1. “Firms can control their accruals within fairly wide limits; depending on the cost of accruals, financing from this source will be increased or decreased,” Discuss.
2. Is it true that both trade credit and accruals represent a spontaneous source of capital for financing growth? Explain.
3. Is it true that most firms are able to obtain some free trade credit and that additional trade credit often is available, but at a cost? Explain.
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