Management of Working Capital Case Study: “George’s Trains” Describe his working capital practices, including his methods of capital budgeting analysis techniques. Analyze the potential pitfalls in hi

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******* ** ********* ******* trains *** race *********** ****** highlights **** ********** decisions **** ***** ********** **** current trends **** a *********** **** **** ** ***** to ********* ************** ******* ****** * ******** that ****** ****** ******* **** ** ********* ********* to ******** *** ****** ****** ****** *** ****** The *********** ******* capital ********* *** ******* budgeting ******** ********** **** ****** *** * ********** business amidst the ********** **** faced *** Analysis ** consumer ****** **** helps inform George’s ******* investment ******** ********** **** ** ******* ** *** *** ******** as well ** ********* *** new ******* *********** the ********* ******** ** *** ******* ********* ********* **** ****** ****** be ***** of * **** ********* ******* budgeting ******** ******** ** ****** ******** analyzing data ** ******* ****** in ******** behavior ******* * major ******* that ****** ****** ** aware ** ** *** fact **** ******** ********* are ********* ************* ****** impossible ** predict changes ** ******** ********** habits as accurately ** ******** ********* **** &Suarez ***** Overreliance ** **** technique might ******** *** ******* ** *** ******** ********* *** *********** ***** ** incorrect *********** ******* ******* ** * ********* **** ******** capital ********* ** that ** focusing ** accounting ******* **** **** ******** ****** ****** ***** **************** ********* **** ********** the ******** and ********* ** a *** ******* line because he’s ************ ** the **** *** ******* values ******* he ***** ** consider *** possibility of ******* ******* *** ********** ** *** **** **** he makes ******** ***** ****** ******** **** he considers both *** ***** and ******** ** a capital ********** ** *** ******** Develop * simple statement of cash ***** *** ********** ****** ***** *** *********** ******* **** the ***** **** ***** ** *********** ** *** ************** et al(2013) ****** **** * ********* ** **** *********** provides crucial information ***** * ************ cash ******** **** ******** as **** ** *** net change ** **** resulting from *** ********* investing *** ********* activities within a particular ****** Considering George’s ***** ***** there ** ** ******* ** ******** ********* ******* *** ***** ** the *********** of *** ************ ********** and ********** the following could be a ****** ********* ** **** ***** *** ********** **************** Train StoreStatement ** **** FlowsFor *** Year Ending *** ******** ***** **** operating ***************** Sales Income $76000Less **** **** for  Inventory$25000 Wages$7000 Interest$3500 Other operating ********************* ********************* **** **** operating ************************ ***** **** ********* *********************** ******************** **** ******** by ********* ************************* ***** **** financing *********************** ** ***************** cash **** ** ********* activities (5000)   Net *************** ** the above hypothetical ********* ** **** flows *** George’s ****** ***** one **** ** improvement that ***** be *********** involves ********* *** inventory ******* ** include ***** **** ***** *** so many ***** **** *** in demand ** ******** within *** ******* ****** such ** ***** trains **** *** trucks *** ** ********* ***** ******** ** *** ***************** ** ** ***** George **** ******** *** ********* ***** ****** ** ********* ** **** consumers **** ***** translate to ********* **** ******* ** *** **** of net ***** ****** ******* **** ******** ********** operating ***** by ********** ******* ******** ********** *** ******** by ********* ** anonline website **** ****** ********* ** ********* **** ** recommended by ******** et ** ************************************ S ************** * * ***** Martínez-Solano * ****** ******* capital ********** corporate performance and financial constraintsJournal ** ******** Research67(3) *********** J Hickman K ***** ********* * (2013) ********** Finance *********** ******** ********* **** ********************************** * * Kahl * * ***** ****** F * (2015) Services industry ********* and *** *********** ********** ** ******* firmsStrategic ********** ************ ************** A ****** ******* ********** ********** Time value ** ********** ******* ** ************** ***********

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