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Topic: Business
Number of pages / Number of words: 1 / 179
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Recommendations to management on ways to reduce the cash gap

There are three specific ways to manage the cash gap, “increase the payables period; decrease the collections period; or increase inventory turnover”. By increasing payables time, it will allow the company more time to receive money while there getting paid on the accounts receivables...


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Recommendations to management on ways to reduce the cash gap

There are three specific ways to manage the cash gap, “increase the payables period; decrease the collections period; or increase inventory turnover”. By increasing payables time, it will allow the company more time to receive money while there getting paid on the accounts receivables...


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