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Answer the following using Foundations of Finance 13th Edition by Heizer et al.: How does working capital management differ from capital management? What are some

Answer the following using Foundations of Finance 13th Edition by Heizer et al.:

How does working capital management differ from capital management? What are some of the key considerations for effective working capital management? How does the cash conversion cycle influence working capital management?

Chapter 17 covers liquidity. What is liquidity? Why and when would a firm look to hold cash? What is the greater risk an organization faces from a cash management perspective?

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