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It is said that cash is KING; keeping that in mind, in Chapter 5 of your text read the four In-Depth presentations:
a) Inventory Management Systems;
b) Aging Schedules and Bad Debt;
c) The Cost of Foregoing Discounts on Payables; and
d) Working Capital Management Ratios Across Industries.
Please use book: Financial Management Concepts and Applications by Stephen Foerster!!!!!
In a 3 to 5-page paper explain why day-to-day cash flow management has important implications for both the short-term AND long-term financial requirements of a company.
Most classes have a 2 paper requirement per course. Please be sure to address the following requirements when completing your papers:
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