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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Financial Management Principles And Applications

ISBN: 9781292222189

13th Global Edition

Authors: Sheridan Titman, Arthur Keown, John Martin

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