Tammy's Craft Corner
Working at a local university, Tammy's favorite hobby included anything related to crafts. She could spend hours pouring over the craft books to actually working on and talking to people about craft projects. Tammy was great at what she did and liked to do, but lacked the money management skills. So when Tammy opened her business "Tammy's Craft Corner". Her son, a business major, decided to step in and help mom with managing the money side of the business.

-Which of these techniques is not one that Tammy can use to increase her cash inflows?

Question

Tammy's Craft Corner
Working at a local university, Tammy's favorite hobby included anything related to crafts. She could spend hours pouring over the craft books to actually working on and talking to people about craft projects. Tammy was great at what she did and liked to do, but lacked the money management skills. So when Tammy opened her business "Tammy's Craft Corner". Her son, a business major, decided to step in and help mom with managing the money side of the business.

-Which of these techniques is not one that Tammy can use to increase her cash inflows?

Quizplus · Accepted Answer

Offering discounts for deferred payments would actually decrease Tammy's cash inflows by reducing the amount of money she receives upfront. The other three options are all valid ways to increase cash inflows.

Tammy's Craft Corner Working at a Local University, Tammy's Favorite Hobby Included Anything