Outstanding payment

  Describe the seasonal scenario that can influence a restaurant’s cash flow within one year of operation. In the scenario, your business faces a cash flow issue, and you just have USD15,000 in your account. Which of the following payments are you going to initiate first and why? • Outstanding payment to your main supplier which supplies the main fresh ingredients daily (USD 9,500). • Utility bill that you have received the second warning (USD 3,500). • Monthly Payroll which is overdue for 10 days (USD 17,000). • Monthly rent which you have not paid for 3 months (USD 10,000).