How can one distinguish between a relaxed but rational working capital policy and a situation in which

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How can one distinguish between a relaxed but rational working capital policy and a situation in which a firm simply has a lot of current assets because it is inefficient? Does SKI’s working capital policy seem appropriate?

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Financial management theory and practice

ISBN: 978-0324422696

12th Edition

Authors: Eugene F. Brigham and Michael C. Ehrhardt

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Question Posted: Mar 26, 2010 12:54 AM

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How can one distinguish between a relaxed but rational working capital policy and a situation in which

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SKI may choose to hold large amounts of inventory to avoid the costs of running ...View the full answer

Financial management theory and practice

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