a) It is always best to maintain a level of working capital that is as high as

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a) "It is always best to maintain a level of working capital that is as high as possible." Discuss.
b) Explain what the balanced scorecard is and suggest two performance measures that are relevant to the customer perspective.
c) Give three possible reasons why net profit could be $100 000 but cash flow from operations $150 000.
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Accounting Business Reporting For Decision Making

ISBN: 9780730302414

4th Edition

Authors: Jacqueline Birt, Keryn Chalmers, Albie Brooks, Suzanne Byrne, Judy Oliver

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