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Net Income: $11,700,000 Depreciation Expense: $500,000 Increase in Accounts Receivable: $400,000 Decrease in Inventory: $100,000 Purchase of Equipment: $950,000 Question: Develop an optimization model to
- Net Income: $11,700,000
- Depreciation Expense: $500,000
- Increase in Accounts Receivable: $400,000
- Decrease in Inventory: $100,000
- Purchase of Equipment: $950,000
- Question: Develop an optimization model to identify the optimal levels of working capital components that maximize the company's cash flow from operating activities while minimizing risk, using the provided financial data.
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Fundamental Accounting Principles
Authors: Larson Kermit, Tilly Jensen
Volume I, 14th Canadian Edition
71051503, 978-1259066511, 1259066517, 978-0071051507
