You are the founder of a company that designs and manufactures snowboards. Your company has been successful in developing sales to ski and snowboard shops across Canada. Over the past year, the company has entered the U.S. market. While there has been a significant number of orders from U.S. ski and snowboard shops, you have found that it often takes 180 days to collect accounts receivable from the U.S. stores, compared with 90 in Canada. This has resulted in cash fl ow pressures for the company.

Required

Identify possible solutions to this issue that would enable to the company to continue increasing its U.S. sales, while helping to alleviate the cash fl ow pressures from these sales.