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    Principles of Managerial Finance
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    Exam 15: Working Capital and Current Assets Management
  5. Question
    Nonmanufacturing Firms Are More Likely to Have Positive Cash Conversion
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Nonmanufacturing Firms Are More Likely to Have Positive Cash Conversion

Question 239

Question 239

True/False

Nonmanufacturing firms are more likely to have positive cash conversion cycles; they generally carry smaller, faster-moving inventories and often sell their products for cash.

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