Higher percentage of current liabilities for smaller firms

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1. What is senior leadership’s role when it comes to accepting the cultural differences? Why is it so important?

2. Why does trade credit typically equal a higher percentage of current liabilities for smaller firms when compared to larger firms?

 

3. Calculate how much working capital a corporation with a current ratio of 4 and $50 million in short-term debt has. Explain your work.

Reference no: EM131560817

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