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15 December, 01:58

Working capital management decisions include determining: Multiple Choice

1. the minimum level of cash to be kept in a checking account.

2. the best method of producing a product.

3. the number of employees needed to work during a particular shift.

4. when to replace obsolete equipment.

5. if a competitor should be acquired.

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Answers (1)
  1. 15 December, 04:09
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    The best answer would be 1. the minimum level of cash to be kept in a checking account.

    Explanation:

    A Working capital management refers to the efforts of the management towards effective management of current assets and current liabilities. It ensures profitability and overall financial health for businesses.
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