A large, well-established manufacturer of auto parts is expecting a sales growth of 40 percent in coming
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A large, well-established manufacturer of auto parts is expecting a sales growth of 40 percent in coming years. The CFO has suggested that the need for incremental working capital can be met by a spontaneous source of short-term financing. Do you agree with this suggestion? Why or why not?
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Related Book For
Financial Management Principles And Applications
ISBN: 9781292222189
13th Global Edition
Authors: Sheridan Titman, Arthur Keown, John Martin
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