If you plan to _____your business,you should be removing all surplus cash,and tightening the cash-to-cash cycle to the shortest time possible.

Question

Quizplus · Accepted Answer

If you plan to sell your business, you should be removing all surplus cash, and tightening the cash-to-cash cycle to the shortest time possible. This is because potential buyers of the business will be interested in the cash flow and profitability of the business, and excess cash on hand may signal that the business is not operating at optimal efficiency. By tightening the cash-to-cash cycle, the business can be made more attractive to buyers and potentially command a higher purchase price. Transferring, terminating, or closing the business would not necessarily require removing surplus cash or tightening the cash-to-cash cycle.

If You Plan to _____Your Business,you Should Be Removing All