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September 1, 2014

Homework Help: fin/375

Posted by at on Friday, May 3, 2013 at 3:38pm.

Suppose you start a business that has a soft opening and sells half of the expected product in the first quarter. You notice towards the end of the quarter that sales pick up near what was expected. How much working capital might you need to budget ahead of time to overcome this obstacle, and how would you obtain this amount of working capital?

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