Finance Assignment

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Your manufacturing company is facing a cash crunch, and the chief financial officer (CFO) is having difficulties allocating the cash to pay various company bills.

For each of the following net working capital accounts, propose a working capital-management strategy that will likely free up enough cash to keep the company stable:

  • Accounts receivable
  • Inventory
  • Accounts payable

Then, for each strategy, describe at least 1 pro and 1 con of implementing that strategy

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