We know that money is the most liquid store of value due to many reasons except that
a. we do...
Business, 12.08.2019 20:30 KJourdan19
We know that money is the most liquid store of value due to many reasons except that
a. we do not have to convert it to make purchases.
b. it is the medium of exchange.
c. it saves purchasing power from the time income is received until the time it is spent.
d. money is exposed to the risks associated with hyperinflation.
Answers: 2
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The card shoppe needs to maintain 21 percent of its sales in net working capital. currently, the store is considering a four-year project that will increase sales from its current level of $349,000 to $408,000 the first year and to $414,000 a year for the following three years of the project. what amount should be included in the project analysis for net working capital in year 4 of the project?
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