Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Which of the techniques to prevent cash flow problems are each of these entrepreneurs using? ( 1 4 pts ) Options: Factoring receivables, asking for
Which of the techniques to prevent cash flow problems are each of these entrepreneurs using? pts
Options: Factoring receivables, asking for money, noncore projects, consignment, noncash incentives, negotiating terms with suppliers, using temporary agencies
tableScenarioCash flow techniquetableJill exchanged the right to collect onoutstanding account owed by her customersfor cash from her bank.tableSamantha macie phone calls to five of hercustomers that were days behind on theirpayments to her company.tableTim offered his administrative assistant anextra week of vacation for unpaid overtime.tableMax was able to convince his suppliers to lethim hold resell products for a percentage ofthe sales price.tableKurts Landscaping Services soldsnowblowers in the winter.tableTempest calls the Manpower TemporaryAgency whenever she needs to increaseproduction for the holiday season.tableJamal was able to get one of his suppliers tolet him pay in days instead of days.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started