Shared Practice, select two of the following components of working capital management: the cash conversion cycle, the cash budget, inventory management, and credit policies. Think about scenarios in which your selected topics were important for informing decision-making. Be sure to refer to your Learning Resources for this week, research in the Walden Library, and your professional experience on working capital concepts to help develop your scenarios.

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1. Explain how the first selected topic impacted an organizational decision.

2. Explain how the second selected topic impacted an organizational decision.