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What are the external forces that influence business activities?
Working Capital Management
The practice of managing a company's short-term assets and liabilities to ensure it has sufficient liquidity to run its operations efficiently.
Cost/Benefit Tradeoffs
The analysis or decision-making process regarding the advantages and disadvantages (costs and benefits) of a given action or investment.
Current Asset Account
A balance sheet account that represents the value of all assets that can reasonably be expected to be converted into cash within one year.
Cash Conversion Cycle
A metric that measures the time it takes for a company to convert its investments in inventory and other resources into cash flows from sales.
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