Relative Magnitude of Working Capital Investment
{"Image DocumentName": "Relative Magnitude of Working Capital Investment", "Image ImageDescription": "Aggressive working capital policy has implications for sales and profitability: By minimizing investment in net working capital: Sales may be lost. To customers who find competitor s credit terms more agreeable. Because aggressive firm is more selective in granting credit than its competitors. Because desired items are out of stock due to high level of inventory turnover. Extensive use of trade credit may result in missed discounts (discounts from face amount of invoice are commonly allowed for prompt payment) Extensive use of short-term credit may result in incurring relatively high interest costs. Also subjects firm to renewal and interest rate risks.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}