1- What does working capital managment encompass ? What funtional decision are involved and what underlaying principle or trade off influences the decision process ?

2-  At times , long term interest rate are lower than short term rates, yet the discussion  suggest that long term financing is more expensive , if long term term rates are lower, should the firm finance itself entirely with long term debt ?

3- Explain how the definition of "working capital" differs between financial analysts and accountants.