Which of the following policies will reduce a retailer’s investment in working capital?
A) Using cash rather than trade credit for inventory purchases
B) Accepting major credit cards rather than offering store credit
C) Keeping unsold seasonal merchandise in storage so that it can be offered again the following year
D) All of the above
Darshita Changed status to publish August 7, 2020
B) Accepting major credit cards rather than offering store credit
Darshita Changed status to publish August 7, 2020