Which one of the following is a working capital management decision?
-Determining the amount of equipment needed to complete a job.
-Determining whether to pay cash for a purchase or use the credit offered by the supplier.
-Determining the amount of long-term debt required to complete a project.
-Determining the number of shares of stock to issue to fund an acquisition.
-Determining whether or not a project should be accepted.
Answer: Determining whether to pay cash for a purchase or use the credit offered by the supplier