Question: c. Justify TWO (2) reasons why working capital management is crucial for businesses? Please answer ASAP Below is the information extracted from the financial statement

 c. Justify TWO (2) reasons why working capital management is crucial

c. Justify TWO (2) reasons why working capital management is crucial for businesses?

Please answer ASAP

Below is the information extracted from the financial statement of Syarikat Cemerlang Sdn. Bhd. for December 2021. ITEMS Cash at Bank Cash in Hand Retained Earnings Equity Share Capital Debtors Inventory Short-term Loan Provision for taxation Notes Payable Land and building 1-year Fixed Deposits Furniture and Fittings Accumulated Depreciation Accruals Creditors RM 1,145,000 3000 1, 160,000 1, 150,000 860,000 500,000 1,100,000 57,000 210,000 ,000,000 500,000 25,000 5,000 67,000 39,000 Instructions: Analyse the above items and answer the following questions

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