Capital needs and the cash conversion period
Question: Define the purpose of working capital. How does extending credit affect working capital requirements and the cash conversion period? Evaluate consequences of inventory costs on working capital needs and the cash conversion period.
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Explain why a change in these current accounts would be relevant in determining the initial investment for the proposed capital expenditure.
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Evaluate consequences of inventory costs on working capital needs and the cash conversion period.
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Examine Apple's current position on the company's ethical and social responsibilities, and determine whether or not the company has met these responsibilities.
Please write a memo to the loan officer. Explain the various factors that can affect a company's working capital.
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