If the owner plans to _____ a business,he or she should be removing all surplus cash and tightening the cash-to-cash cycle to the shortest time possible.

Question

Quizplus · Accepted Answer

If the owner plans to sell the business, it is important to remove all surplus cash and tighten the cash-to-cash cycle to the shortest time possible. This is because buyers often evaluate a business's value based on cash flow and potential, and excess cash can be seen as a liability. Additionally, shortening the cash-to-cash cycle can increase the business's liquidity and make it a more attractive purchase.

If the Owner Plans to _____ a Business,he or She