What is working capital?

Question description

In your own words, please submit your responses on one document (MS Word, MS Excel, PDF) and upload it as an attachment to Blackboard. DO NOT type your responses in the white box. Any resemblance of plagiarism will result in a zero. Please show your work. If you don’t show your work, you will not get credit.

  1. What is working capital?
  2. Based on one of the three stock you picked in Week 3 and Week 8, identify its working capital in years, 2013, 2014, 2015.
  3. Based on that information, what inference can you draw from its working capital?
  4. Using the same company, describe its cash conversion cycle.

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