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Which one of the following would be a benefit for MME if it delayed paying its suppliers? Select one answer - Edexcel - GCSE Business - Question 7 - 2018 - Paper 1
Question 7
Which one of the following would be a benefit for MME if it delayed paying its suppliers? Select one answer. A) Increased profit B) Improved cash flow C) Reduced... show full transcript
Worked Solution & Example Answer:Which one of the following would be a benefit for MME if it delayed paying its suppliers? Select one answer - Edexcel - GCSE Business - Question 7 - 2018 - Paper 1
Step 1
Select one answer.
Answer
The best option is B) Improved cash flow. Delaying payments allows MME to retain cash for a longer period, benefiting the company's liquidity and ensuring it can meet other financial obligations. This can enhance its ability to invest in opportunities or manage expenses more effectively.