Question: After learning from the materials on Working Capital Management, read the attached article pertaining to the topic at hand in relation to COVID-19, answer the

After learning from the materials on Working Capital Management, read the attached article pertaining to the topic at hand in relation to COVID-19, answer the following questions:

1) Why is working capital management important in business especially during the time of crisis, like COVID-19 pandemic?

2) What are the consequences of not having enough working capital?

3) What are the key take-aways upon learning the lessons in Financial Management in preparing for a pandemic like COVID-19?

Prepare your answers in an essay format and provide examples. Further, provide your sources at the end of your essay.

Link to the article,

Cash and Working Capital Management in the Corona crisis

https://www.eact.eu/articles/cash-working-capital-coronavirus/

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