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This is a two part assignment. A discussion question and an excel worksheet. Putting Cash to WorkLocate and post a recent news story from The Wall Street Journal or other reputable source about a publicly-traded company that has been criticized for its cash management practices.What were the criticisms leveled against the company? Was it accused of being too conservative and hoarding too much cash, or of taking unnecessary risks, or something else?How did the CFO or CEO address this criticism?How has the stock performance been impacted by these cash management practices?What are three ways, other than revenue growth, that the company could generate significant cash growth? Hint: take a look at the cash flows.Article: www.wsj.com/articles/newspaper-publisher-mcclatchy-files-for-chapter-11-bankruptcy-11581598316Additional Part: Complete the Assignment 2 Worksheet to compare key performance metrics and ratios for bothcompanies in order to see how performance can be impacted by manipulating certain financiallevers.
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