A business would want to pay its creditors promptly for which of the following reasons?
A) to establish a good credit rating
B) to take advantage of any early payment discounts or rebates offered
C) to develop a good relationship with suppliers
D) to establish a good credit rating and to develop a good relationship with suppliers
E) All of the answers are correct.

Question

Quizplus · Accepted Answer

Paying creditors promptly can help a business establish a good credit rating, take advantage of early payment discounts, and develop a good relationship with suppliers, making all the options correct.

A Business Would Want to Pay Its Creditors Promptly for Which