Question: a) Why must working capital be managed ? b) What is (are) the goal(s) of working capital management ? c) Create an example and explain

a) Why must working capital be "managed" ? b) What is

a) Why must working capital be "managed" ? b) What is (are) the goal(s) of working capital management ? c) Create an example and explain the Cash Budget. d) How is a Cash Budget distinct from an Income Statement ? e) What are some techniques that a company may undertake to improve its working capital position

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