现金流对营运资本管理的影响和资金投资【外文翻译】解析.doc

外文翻译 原文 The Cash Flow Implications of Managing Working Capital and Capital Investment Material Source: Journal of Business Economic Studies Author: Russell P. Boisjoly INTRODUCTION In recent years major corporations have discovered that there are important cash flow streams available to them if they aggressively manage their working capital accounts (accounts receivable, inventory, accounts payable, and advance payments).While some have argued that cash flows generated through working capital management (improving inventory turnover, aggressive accounts receivable collection policies or supp