Question: What are two approaches for increasing cash flow? A) Increase Accounts Payable Outstanding (days) and reduce the Average Collection Period. B) Reduce Accounts Payable Outstanding
What are two approaches for increasing cash flow?
A) Increase Accounts Payable Outstanding (days) and reduce the Average Collection Period.
B) Reduce Accounts Payable Outstanding (days) and increase Average Collection Period.
C) Make sure the inventory turnover is a larger number of days.
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