1) 2] 3] Explain what "working capital\" is and why it is important for a company to ensure that they manage working capital. {4 marks) What is a "cash cycle\"? What is the difference between an "operating cycle" and a "cash cycle"? {4 marks] Choose three types of short-term nancing products. Explain each product and provide an example how this product could be used by Lady M Confections. { 6 marks; 2 marks each)