Accountancy, asked by violet9911, 4 months ago

is increase in trade receivables good or bad?

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Answered by Anonymous

Answer:

But customers often seek to improve their own cash flow by delaying payment to vendors, and it's unwise to let accounts receivable grow too high. When a business lets this happen, it can lead to unnecessary financing costs and, in severe cases, a cash crunch that forces closing the doors.

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