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yuknam yuknam
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Posts: 503
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4 years ago
Which of the following firms would be expected to need the most cash to conduct its daily operations?

▸ a retail grocery store that sells on a cash only basis

▸ an aircraft manufacturer with large inventory and long development and sales cycles

▸ an electronics manufacturer that only assemble its goods once they have been paid for

▸ an airline that has many of its fares pre-paid by cash or credit card
Textbook 
Fundamentals of Corporate Finance

Fundamentals of Corporate Finance


Edition: 2nd
Authors:
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DryPhantomDryPhantom
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Posts: 382
4 years ago
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