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You are the treasurer at Ohio Wire, a medium-size manufacturer of cable and wire used in building and bridge construction. Since most construction is seasonal,

You are the treasurer at Ohio Wire, a medium-size manufacturer of cable and wire used in building and bridge construction. Since most construction is seasonal, Ohio Wire tends to have far more cash inflows during the summer months. Further, during the winter their cash outflows are often greater than their inflows.

  • How do you manage the excess cash accumulated during the summer months knowing that cash will be needed during the winter?

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