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The net credit position of the firm is defined as:

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The net credit position of the firm is defined as:

 Options:

A. its credit rating
B. the extent to which the firm has utilized its credit line
C. the difference between short and long term debt
D. the difference between accounts receivable and accounts payable

 

The Correct Answer Is:

  • D. the difference between accounts receivable and accounts payable

 

Conclusion

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