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FIN 486 Week 5 Individual Assignment Final

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1. You are the CFO at a manufacturing company. Your company is anticipating an impending cash crunch. What short-term working capital strategies might you employ? Why? In what order would you implement them? Why?2. What part of working capital management does a company have the most control over? Why? What does a company have the least control over? Why?3. What is the most important part of cash flow planning? Which variable must be determined accurately? Is it healthy to have a cash balance at the end of each month? Why or why not?4. What are the main inputs needed to begin the financial portion of a strategic plan? Who is responsible for providing those inputs? Why are these inputs so important? How would you use these inputs to create the plan?

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