Impacts of Working Capital
Close to 50% of the typical industrial and retail firm's assets are held as working capital. Many newly minted college graduates work in positions that focus on working capital management, particularly in small businesses in which most new jobs are created in today's economy.
For this paper: select two of the following components of working capital management: 1.the cash conversion cycle, 2. the cash budget, 3. inventory management, and 4. credit policies.
Think about scenarios in which your selected topics were important for informing decision making. Be sure to refer different resources, and research, and your professional experience on working capital concepts to help develop your scenarios.
Submit:
1. Explain how the first selected topic impacted an organizational decision.
2. Explain how the second selected topic impacted an organizational decision.