More efficient management of working capital assets will lessen the firm's needs for financing.

Name: More efficient management of working capital assets will lessen the firm's needs for financing.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

By managing working capital assets efficiently, a firm can reduce the need for external financing as it can use its current assets (such as accounts receivable, inventory) more effectively to meet its short-term obligations.

More Efficient Management of Working Capital Assets Will Lessen the Firm's