Question
You would like to improve your net cash flow on your cash budget and decrease the amount you need to borrow from the bank. Select
You would like to improve your net cash flow on your cash budget and decrease the amount you need to borrow from the bank. Select all the measures below that would assist your objective:
A) Increase the cash conversion cycle.
B) Decrease the cash conversion cycle.
C) Offer a small discount to encourage your customers to pay earlier.
D) Utilize your supplier's trade discount and pay them earlier.
E) Implement a just-in-time management system, which will increase your firm's inventory turnover.
F) Change how you pay your employees from paying twice a month on the 15th and 30th days to paying once a month on the 30th.
Check all that apply
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