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Which one of the following would be a benefit for MME if it delayed paying its suppliers? Select one answer - Edexcel - GCSE Business - Question 7 - 2018 - Paper 1
Question 7
Which one of the following would be a benefit for MME if it delayed paying its suppliers? Select one answer. A. Increased profit B. Improved cash flow C. Reduced... show full transcript
Worked Solution & Example Answer:Which one of the following would be a benefit for MME if it delayed paying its suppliers? Select one answer - Edexcel - GCSE Business - Question 7 - 2018 - Paper 1
Step 1
Select one answer
Answer
The most appropriate choice is B. Improved cash flow. Delaying payments to suppliers allows MME to retain cash for a longer period. This can be particularly beneficial in managing operational expenses or investing in other areas of the business, thus improving the overall cash flow.