3.5 Flashcards
1
Q
A reduction in the quantity or value of inventories hoed would normally improve what?
A
Cash Flow
2
Q
What formulae defines the point at which breakeven output is achieved?
A
Total revenue=Total Cost
3
Q
What would higher discounts offered to customers improve?
A
It would improve contribution per unit
4
Q
How can Short-Term cash flow be improved?
A
Extending the period of credit taken from suppliers
