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To cover anticipated cash shortages, management can ______. Multiple select question. hire more skilled employees to increase sales refinance to change the repayment plan of past borrowings purchase additional property, plant and equipment to increase assets plan financing activities to borrow money

Answer :

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To cover anticipated cash shortages, management can refinance to change the repayment plan of past borrowings. Option B. This is further explained below.

What is finance?

Generally, finance is simply defined as government or big business control over huge sums. of money.

In conclusion,  Management has the option of refinancing to adjust the repayment schedule of prior borrowings in order to address expected cash shortfalls.

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