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1) Describe the financing requirements for working capital. 2) Describe Just in Time inventory management and describe Supply Chain Management (very similar but distinctly

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1) Describe the financing requirements for working capital. 2) Describe "Just in Time" inventory management and describe "Supply Chain Management" (very similar but distinctly different terms) 3) What are some considerations when extending credit terms to customers? 4) What are some considerations when requesting payment terms from vendors? 5) Describe the conflicting objectives in managing accounts receivable. 6) Describe the conflicting objectives when determining the right amount of cash to carry on a balance sheet. 7) Describe the conflicting objectives when deciding how much credit to extend to a customer.

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