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papahomer papahomer
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6 years ago
Which of the following policies will reduce a retailer's investment in working capital.
A) Using cash rather than trade credit for inventory purchases.
B) accepting major credit cards rather than offering store credit.
C) keeping unsold seasonal merchandise in storage so that it can be offered again the following year.
D) all of the above.
Textbook 
Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
Authors:
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LutionalLutional
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6 years ago
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papahomer Author
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6 years ago
Good timing, thanks!
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Thanks
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