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Your finance professor insists that when it comes to managing working capital: (a) the more cash a corporation has on its balance sheet the better; (b) small firms are more likely to hedge against exchange rate risk than larger, multinational corporations; and, (c) aging schedules can be used to minimize ordering costs. Do you agree or disagree with your professor's statements? describe.

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Accounting Basics, Accounting

Category:- Accounting Basics
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