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Suppose that you own a sports bar. You are contemplating replacing the 30 television sets that are three years old with new high definition, 3D

Suppose that you own a sports bar. You are contemplating replacing the 30 television

sets that are three years old with new high definition, 3D TV sets. Explain what

process should be used to make this decision.

Suppose that you were hired to work in the treasury department at Nordstrom, Inc.

Your job responsibilities involve working capital management. Explain what

decisions need to be made in this area.

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