
Short-term cash flow can be improved by?
Select ONE answer:
- Increasing the value of finished goods inventories
- Extending the period of credit taken from suppliers
- Cutting the gross profit margin
- Repaying a long-term bank loan
Show your workings to arrive at your answer, and explain and justify your reasons:
……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………
This multiple-choice question is suitable for Accounting KS5 classes.
The answer is 2
- Not correct
- Correct
- Not correct
- Not correct
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