15. Reducing NWC. Assume a firm purchases inven- tory with one foreign currency and sells it for...

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15. Reducing NWC. Assume a firm purchases inven- tory with one foreign currency and sells it for another foreign currency, neither currency being the home currency of the parent or subsidiary where the manufacturing process takes place. What can the firm do to reduce the amount of net working capital?

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Fundamentals Of Multinational Finance

ISBN: 9780321541642

3rd Edition

Authors: Michael H. Moffett, Arthur I. Stonehill, David K. Eiteman

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