Accounting for IGCSE & O level - Advanced Principles (Section 1 - No. 40)
Which of the following is not a method a business can improve its liquidity?
Reducing the number of days inventory is held.
Increasing short-term debt.
Collecting accounts receivable more quickly.
Taking a long-term loan.
ব্যাখ্যা
Increasing short-term debt can reduce liquidity