Fundamentals of Corporate Finance Standard Edition with Connect Plus
Fundamentals of Corporate Finance Standard Edition with Connect Plus
10th Edition
ISBN: 9780077630706
Author: Stephen Ross
Publisher: MCG
Question
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Chapter 18.3, Problem 18.3CCQ
Summary Introduction

To discuss: The consideration, which determines the optimal compromise between the flexible and restrictive net working capital policies.

Introduction:

Compromise financial planning: This type of planning keeps the reserve for the usage on seasonal variation in current assets needs. Once the reserves fatigued, the short-term borrowings are used.

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Chapter 18 Solutions

Fundamentals of Corporate Finance Standard Edition with Connect Plus

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