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    Completly Lost's Avatar
    Completly Lost Posts: 4, Reputation: 1
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    #1

    Jan 31, 2009, 10:00 PM
    Managing Working Capital
    Managing Working Capital

    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?

    I think that the working capital will be affected greatly. I am really not for sure how accurate the system will be. :confused:
    ROLCAM's Avatar
    ROLCAM Posts: 1,420, Reputation: 23
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    #2

    Feb 1, 2009, 02:58 AM

    A new computer system?

    Would you please tell us what is the name
    Of the new computer system ?

    What are its main advantages ?
    codyman144's Avatar
    codyman144 Posts: 544, Reputation: 31
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    #3

    Feb 1, 2009, 11:02 AM

    As this is homework or a test question please see this:

    Ask Me Help Desk - Announcements in Forum : Accounting

    I am asking this question be moved to homework...
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