Management of working capital is simply a question of forcing suppliers to hold as much inventory as

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‘Management of working capital is simply a question of forcing suppliers to hold as much inventory as we require for order and delivery at short notice, and extending payment as far as possible to the point just before they refuse to supply, and putting as much pressure as possible on customers by whatever means to make sure they pay within 30 days.’ Discuss.

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Business Accounting And Finance

ISBN: 9780273723127

1st Edition

Authors: Tony Davies, Ian Crawford

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