of the effects of ceasing to take trade credit discounts is that the firm's accounts payable will rise, other things held constant.

Name: of the effects of ceasing to take trade credit discounts is that the firm's accounts payable will rise, other things held constant.
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If a firm stops taking trade credit discounts, they will have to pay the full amount of the invoice for purchased goods and services, leading to an increase in accounts payable.

Of the Effects of Ceasing to Take Trade Credit Discounts