In a short-run financial planning model,the current month's accounts payable balance is the previous month's balance plus

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In a short-run financial planning model, the current month's accounts payable balance is calculated by taking the previous month's balance and adding the current month's purchases, then subtracting the current month's cash disbursed for purchases. This reflects the fact that accounts payable represents the amount the company owes to its suppliers, which increases with purchases and decreases with payments.

In a Short-Run Financial Planning Model,the Current Month's Accounts Payable