Close to 50% of the typical industrial and retail firm’s assets are held as working capital. Many newly minted college graduates work in positions that focus on working capital management, particularly in small businesses in which most new jobs are created in today’s economy.
To prepare for this Discussion: Shared Practice, select two of the following components of working capital management: the cash conversion cycle, the cash budget, inventory management, and credit policies. Think about scenarios in which your selected topics were important for informing decision making. Be sure to review the video links above and conduct additional research using academically reviewed materials, and your professional experience on working capital concepts to help develop your scenarios. Support your discussion with appropriate examples including numerical examples as necessary.
1. Post your initial response no later than Sunday, September 22 at 11:00 PM EST
2. Read and respond to at least 3 of your classmatesâ€™ posts. Below are suggestions on how to respond to your classmatesâ€™ discussions:
a. Ask a probing question, substantiated with additional background information, evidence or research.
b. Share an insight from having read your colleaguesâ€™ postings, synthesizing the information to provide new perspectives.
c. Offer and support an alternative perspective using readings from the classroom or from your own research.
d. Validate an idea with your own experience and additional research.
e. Make a suggestion based on additional evidence drawn from readings or after synthesizing multiple postings.
f. Expand on your colleaguesâ€™ postings by providing additional insights or contrasting perspectives based on readings and evidence.
3. See the syllabus for additional posting requirements.
NOTE: I AM ATTACHING A DOCUMENT WITH 3 DISCUSSIONS AND I NEED TO REPLY TO THEM IN 200 WORDS EACH. MAIN DISCUSSION IN 500 WORDS. APA FORMAT AND REFERENCES ARE IMPORTANT.