Multiple Choice
Which of the following activities will increase the short-term net cash flow for a firm?
A) Increase a cash bonus for employees.
B) Increase the firm's days sales outstanding ratio without an increase in sales.
C) Write off old accounts receivable that are considered uncollectible.
D) Increase the average amount of time the firm takes to pay accounts.
E) Increase the time you allow the firm's customers to pay for goods.
Correct Answer:
Verified
Correct Answer:
Verified
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