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Eduardo is the manager of Hometown Hardware. During the past six months, his cash expenditures have exceeded his cash receipts. Hometown Hardware is suffering from a ( n ) __________ problem

Sagot :

Based on the fact that Eduardo's cash expenditures have exceeded his cash receipts, he has a cashflow problem.

What is a cashflow problem?

This refers to when a person or a business are unable to retain a good enough amount of liquid cash in the business.

This usually happens when cash expenditures are more than the cash receipts like Eduardo's situation.

Find out more on cashflow problems at https://brainly.com/question/978964.

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