Miles' Startup Company Began Well, but Within a Couple Months

Multiple Choice

Miles' startup company began well, but within a couple months he found he was unable to pay invoices from suppliers. He didn't understand how he could have this problem. He hired experts; his business idea was sound; and he had many new customers. What went wrong?

A) Miles lacked critical technologies.
B) Miles lacked patents or copyrights.
C) Miles lacked raw materials.
D) Miles lacked cash resources.