Answered

Discover answers to your most pressing questions at Westonci.ca, the ultimate Q&A platform that connects you with expert solutions. Our platform offers a seamless experience for finding reliable answers from a network of experienced professionals. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently.

Which of the following tips can hurt your cash flow?

A. Increase your sales.
B. Pay your bills early.
C. Keep a cash reserve.
D. Offer credit only to low-risk borrowers.

Please select the best answer from the choices provided.

Sagot :

GinnyAnswer

Final answer:

Paying bills early can hurt cash flow, while increasing sales and offering credit only to low-risk borrowers can help cash flow.


Explanation:

Paying your bills early can hurt your cash flow as it decreases the amount of cash you have on hand for other expenses. By paying bills early, you might face a cash flow crunch, especially if unexpected expenses arise.

On the other hand, increasing your sales can help to improve cash flow as more revenue is generated. This can provide a positive impact on the cash flow of a business by bringing in more money.

Offering credit only to low-risk borrowers can also hurt cash flow if these customers default on payments, leading to a decrease in cash flow from unpaid invoices.


Learn more about Cash flow management here:

https://brainly.com/question/50954226


Thank you for your visit. We are dedicated to helping you find the information you need, whenever you need it. Thank you for your visit. We're committed to providing you with the best information available. Return anytime for more. Thank you for using Westonci.ca. Come back for more in-depth answers to all your queries.