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Answer the following discussion questions: - Explain the primary goal of cash management. (3 marks) - If a firm uses a JIT inventory system, explain

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Answer the following discussion questions: - Explain the primary goal of cash management. (3 marks) - If a firm uses a JIT inventory system, explain the resulting impact on working capital management. (3 marks) - Firm X had no credit losses last year and Firm Y had 4% of their A/R that was uncollectible. Did Firm X have a better A/R Manager? Explain. ( 4 marks)

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