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Effect on profitablility

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29 October 2011 REspected sir,

if i reduce the sundry creditors, what effect does it make on profitability, whether it will increase the profit or loss.

plz suggest me.

29 October 2011 when you reduce creditors, your liability will reduce, increasing your profits

29 October 2011 Thanks sir,

and also if i increase the stock what effect will it make on profitability




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