Question: a). why must working capital be managed? b). What is (are) the goals of working capital management? c). Make an example and explain the cash

a). why must working capital be "managed"?

b). What is (are) the goals of working capital management?

c). Make 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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