1. Why might a business face of financing need? A) Because of a cash flow gap between when it receives cash from accounts receivable and when it receives the cash from sales B) because of a cash flow surplus between when it has to pay its accounts payable and when it receives the cash from sales C) because of a cash flow gap between when it has to pay its accounts payable and when it received the cash from sales.

Answer rating: 100% (QA)

The correct answer is C because of a cash flow gap between when it has to pay its accounts ... View the full answer