$1-$What is meant by "working capital"?

$2-$imagine you are the financial manager of a retail company. Your company is considering expanding its product line, which will require a significant increase in inventory and potentially higher accounts receivable.

How would you assess the impact of this expansion on the company's working capital? In other words, how might increasing inventory and accounts receivable affect the company's short$-$term financial health.

What strategies could the company use to manage its working capital effectively during this expansion? In other words, what are ways to balance increased assets with the need for liquidity.

How might changes in the company$$s working capital impact its ability to cover short$-$term liabilities and operational expenses?

What role does working capital play in the company$$s operational efficiency and growth potential? In other words, how can effective working capital management support or hinder business growth?