One way a firm can reduce the amount of cash it needs in any one month is to
A. slow down the payment of receivables.
B. delay the payment of wages.
C. accrue taxes.
D. speed up payment of accounts payable.
Answer:B
One way a firm can reduce the amount of cash it needs in any one month is to
A. slow down the payment of receivables. B. delay the payment of wages. C. accrue taxes. D. speed up payment of accounts payable.