Economics · Working Capital Management
Which of the following are potential advantages for Glock Co of accepting the early payment discount for Product Q? 1. A shortening of the operating cycle 2. An increase in profit margins 3. Improved business reputation with suppliers 4. An increase in the current ratio
- 12 and 4
- 21 and 3✓
- 31 and 4
- 42 and 3
Correct answer
1 and 3
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