Which of the following is a type of company that needs good cash management and more cash available as it has seasonal pattern of sales and receipts?
A) toy company
B) juice company
C) shoe company
D) cereal company

Question

Quizplus · Accepted Answer

A toy company is more likely to have a seasonal pattern of sales and receipts, with most of its business occurring during the holiday season. Therefore, good cash management and ample cash reserves are necessary to meet the company's expenses and maintain sufficient inventory during the off-season. The other options (juice company, shoe company, cereal company) may have some fluctuations in sales throughout the year, but not necessarily a significant seasonal pattern.

Which of the Following Is a Type of Company That