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4.a. What is the difference between top-down and bottom-up financial management of a company? Explain briefly. 4.b. How can we understand and evaluate the cash

4.a. What is the difference between top-down and bottom-up financial management of a company? Explain briefly.

4.b. How can we understand and evaluate the cash position of a company?

4.c. Why Working capital management is important? Explain briefly.

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