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Question
The first step in the working capital cycle process is to
a. order inventory.
b. purchase or produce inventory for sale.
c. receive inventory.
d. sell the inventory for cash or credit.
Match the term with its definition. Some terms may not be used.
a. Cash conversion period
b. Cost of capital
c. Days in inventory
d. Days in payables
e. Days sales outstanding
f. Lock box
g. Pledged accounts receivable
h. Working capital management
Answer
This answer is hidden. It contains 1 characters.
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