How can we distinguish between a relaxed but rational working capital policy and a situation where a

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How can we distinguish between a relaxed but rational working capital policy and a situation where a firm has a large amount of current assets simply because it is inefficient? Does SKI’s working capital policy seem appropriate?

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Fundamentals of Financial Management

ISBN: 978-0324664553

Concise 6th Edition

Authors: Eugene F. Brigham, Joel F. Houston

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