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Home > Business & Careers > Accounting   »   Managing Working Capital

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Old Jan 2, 2008, 05:16 PM
Jlycans
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Managing Working Capital

I am new to this site and don't fully understand Accounting/Finance.


A new computer system allows your firm to more accurately monitor inventory and anticipate future inventory shortfalls. As a result, the firm feels more able to pare down its inventory levels. What effect will the new system have on working capital and on the cash conversion cycle?

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