Cash flow management is especially important when a retailer _____.
A)is not concerned with liquidity
B)has a highly seasonal business
C)has low overall costs
D)allocates expenses on the basis of sales

Question

Quizplus · Accepted Answer

A highly seasonal business may experience significant fluctuation in cash flow throughout the year, making it crucial for the retailer to effectively manage their cash flow to ensure they have enough liquidity to cover expenses during slower seasons.

Cash Flow Management Is Especially Important When a Retailer _____