Can you help discuss what considerations are needed for developing a working capital policy for a company that has low cash, or insufficient cash on hand during low weeks and is at risk of defaulting?;- Discuss what a working capital policy is and what should be done with accounts receivable;- Discuss how it will reduce future difficulties for working capital management;- Evaluate the risk associated with the recommendation;- Discuss contingencies for the recommendation;- Discuss performance measures that are used to evaluate your recommendation;- Create an implementation plan for recommendation
Corporate Financial Management: Working Capital Policy
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