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The way of electronic funds transfers and payment

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Twenty years ago there was little in the way of electronic funds transfers and payments.  Discuss the impact of things like just-in-time inventory systems and point of sales systems on the need for cash.  For instance, look at the days payable, days inventory and AR days for  Walmart (WMT) .  What is the cash conversion cycle?

 

Reference no: EM13979476

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