Question: 3. Managing Working Capital. A new computer system allows your firm to monitor inventory more accurately and anticipate future inventory shortfalls. As a result, the

3. Managing Working Capital. A new computer system allows your firm

3. Managing Working Capital. A new computer system allows your firm to monitor inventory more accurately and anticipate future inventory shortfalls. As a result, the firm feels more able to par down its inventory levels. Will the new system increase or decrease (a) working capital and (b) the cash cycle? (LO20-l)

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