The components of a firms working capital are cash accounts receivable inventory and accounts payable. Any chief financial officer’s (CFOs) objective is to ensure that current assets less current liabilitiesknown as net working capitalis a positive number while also not having an excess of money tied up in nonproductive activities.Write a memo to your CFO about the following:How does managing the following components of working capital becomes more of a challenge when dealing internationally than domestically? Accounts receivable InventoryBe sure to include examples of each case.
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