\begin{tabular}{l} Which of following actions would increase the amount of cash available to Telo? (Select all that apply) \\ \begin{tabular}{|} Reduce the credit period for its credit sales to customers. \\ \( \square \) Increase the credit period for its credit sales to customers. \\ \( \square \) Increase the inventory available for sale. \\ \( \square \) Negotiating an increase in the credit period for purchases with suppliers. \\ \hline < Previous \\ \hline\end{tabular} \\ \hline\end{tabular}

1. **Reduce the credit period for its credit sales to customers.** - By reducing the credit period, customers are required to pay more quickly, which increases the rate of cash collection. This action improves the cash inflow. 2. **Negotiating an increase in the credit period for purchases with suppliers.** - By increasing the credit period for purchases, Telo can delay its cash outflow. Paying suppliers later means that cash is retained in the business for a longer duration. Thus, the actions that would increase the cash available to Telo are: - Reducing the credit period for its credit sales to customers. - Negotiating an increase in the credit period for purchases with suppliers.