Question
Hello, This week we're learning about working capital management (the cash conversion cycle, the cash budget, inventory management, and credit policies). I understand the concept
Hello,
This week we're learning about working capital management (the cash conversion cycle, the cash budget, inventory management, and credit policies). I understand the concept of these terms. Part of the assignment is to give an example of how a business would you at least two of these. For example:
XYZ Company uses the cash conversion cycle in this manner and this is how it is beneficial/not beneficial. ABC Company uses inventory management in this manner and this is how it beneficial/ not beneficial.
I'm stuck on how to relate this to a given business. Please help!
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