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Mohammad is the owner of a gourmet ice-cream shop in Durban. Mohammad is busily preparing his ice-cream shop for the upcoming 2020 December holiday period.
Mohammad is the owner of a gourmet ice-cream shop in Durban. Mohammad is busily preparing his ice-cream shop for the upcoming 2020 December holiday period. He is currently reviewing his financial statements for the past six months. He has noticed that most of his sales are cash-based. Which one of the following would be a cost of holding little or no cash for Mohammad? Select one: a. Loss of goodwill. b. Loss of purchasing power. c. Loss of interest. Od. Loss of sales
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