Worldwide wholesale company wants to improve cash flow. which strategy would be most likely to help worldwide achieve this objective?

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24-08-2022
Business

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Worldwide wholesale company wants to improve cash flow. which strategy would be most likely to help worldwide achieve this objective?

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rafikiedu01 rafikiedu01 · Answer 1 · 2022-08-29T19:45:43+02:00

Lancer Wholesale Company wants to improve the cash flow provided by accounts receivable collections. Which of the following strategies would be most likely to help Lancer achieve this objective? B. Offering cash discounts to buyers who pay their accounts promptly.

Ways to increase business cash flow include offering early payment discounts, leasing rather than buying, improving inventory, conducting consumer credit checks, and using high-yield savings accounts.

There are three types of cash flows that companies need to track and analyze to determine a company's liquidity and solvency: cash flows from operating activities, cash flows from investing activities, and cash flows from financing activities. there is. All three are included in the company's cash flow statement.

Learn more about. Offering cash here;

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