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Question
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.
Response
a cash reserve (C) preserves cash, and offering credit to low-risk borrowers (D) minimizes bad debt risks and supports steady cash inflow over time.
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a cash reserve (C) preserves cash, and offering credit to low-risk borrowers (D) minimizes bad debt risks and supports steady cash inflow over time.