Final answer:
Negotiating a payment plan with the company is a sensible way to continue doing business with a company that has open late invoices. The correct option is A.
Step-by-step explanation:
When dealing with a company that has open late invoices with you, a sensible way to continue doing business is to negotiate a payment plan with the company. This allows both parties to come to an agreement on a repayment schedule that is manageable. By doing so, it promotes ongoing business relationships and shows willingness to work together to resolve the issue.
On the other hand, cutting off all business ties with the company may not be the best option unless the late payments have become a chronic problem and are severely affecting your own financial stability.
Ignoring the late invoices and continuing business as usual is not recommended as it may lead to further financial strain on your part.
Reporting the company to a collections agency should be considered as a last resort, as it may harm the reputation of the company and damage the business relationship.