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Efficient Working Capital Management-Multiple Choice Question
Question
Indicate as to whether the following statements are correct (yes) or incorrect (no):
Efficient working capital management is a key to success - a company must have sufficient cash flow in order to meet its short-term debt obligations and operating expenses. Swaps are a vehicle for reducing the levels of liabilities, enhancing the levels of assets, and hedging the risks.
a) True b) False
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