Short Texts: Financial Reports

Answer Key:

1. b) They've introduced tougher payment terms for clients.

2. b) A restructuring effort that caused a temporary cost increase.

3. c) Increased administrative spending, including staffing and IT investments.

4. a) That they stay within the company's acceptable risk tolerance.

5. c) The timing of its payments to suppliers.

6. c) Due to manufacturing investments.

7. a) To hold cash for future endeavours.

8. b) Increased competition in some important regions.