Solved

Rapidly Growing Companies Often Buy Increasing Amounts of Merchandise from Suppliers

Question 31

Multiple Choice

Rapidly growing companies often buy increasing amounts of merchandise from suppliers on credit,and then sell the goods to their customers on credit.These companies sometimes have difficulty repaying their suppliers when customers who buy on credit don't pay on time.Firms that experience this difficulty need to do a better job of:


A) Generating revenue.
B) Controlling inventory.
C) Managing cash flows.
D) Balancing assets with liabilities.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions