Assume a firm purchases inventory with one foreign currency and sells it for another foreign currency, neither

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Assume a firm purchases inventory with one foreign currency and sells it for another foreign currency, neither currency being the home currency of the parent or subsidiary where the manufacturing process takes place. What can the firm do to reduce the amount of net working capital?
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Multinational Business Finance

ISBN: 978-0132743464

13th edition

Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett

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