15-2. Define and contrast the terms working capital and net working capital. 15-3. Discuss the risk-return relationship involved in the firm's asset-investment decisions as that relationship pertains to its working capital management. 15-4. What advantages and disadvantages are generally associated with the use of short-term debt? Discuss. 15-5. Explain what is meant by the statement "The use of current liabilities as opposed to long-term debt subjects the firm to a greater risk of illiquidity." 15-6. Define the hedging principle. How can this principle be used in the manage- ment of working capital? . An invertory lan api runt au nhich wendoro padod o ato tool