Question

Tristan is the financial manager of a small company. While sales are steady, customers are taking longer to pay, and he has had increasing difficulty obtaining short-term loans to finance the day-to-day operations of the company. Tristan's company is facing a(n)

Answer 1

Cash-flow problem

Step-by-step explanation:

Tristan the financial manager of a small company, experienced steady sales but customers are taking longer to pay, and he has had increasing difficulty obtaining short-term loans to finance the day-to-day operations of the company.

Hence, Tristan's company is facing a cash-flow problem.

In Business, a cash flow problem usually occurs when an individual or organization has difficulty or is struggling to obtain loans and pay its debts as they become due.

Answer 2

cash-flow-problem

Step-by-step explanation:

Based on the scenario being described within the question it can be said that in this specific situation Tristan's company is facing a cash-flow-problem. This is a problem that occurs when a company begins to struggle to pay off it's debts as the due dates arrive. Which can easily cause a business to shut down due to not being able to pay off these debts.