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Lauren Inc. is struggling with their cash flow, and she has contacted you for ideas on how to improve her position. The following ideas should
Lauren Inc. is struggling with their cash flow, and she has contacted you for ideas on how to improve her position. The following ideas should be recommended, EXCEPT: Keep inventory low Factor / sell the receivables to a third party with or without recourse Invest idle cash Increase the speed of collections All of these are great ideas and should be discussed with Lauren! Monitor payment of liabilities
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Entrepreneurial Financial Management An Applied Approach
Authors: Jeffrey R. Cornwall, David O. Vang, Jean M. Hartman
4th Edition
0765646854, 978-0765646859
