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please answer each part During the wake of the financial crisis, Ben Bernanke, chairman of the Federal Reserve, said that shortening the cash cycle and

please answer each part
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During the wake of the financial crisis, Ben Bernanke, chairman of the Federal Reserve, said that "shortening the cash cycle and better use of working capital are the most important factors as private-sector businesses struggle to overcome the current economic volatility and difficulty in accessing capital markets (IBM Global Business Services, "Managing Working Capital in the New Economic Environment," http://www935,ibm.com/services/uk/bcs/pdf/working_capital_paper.pdf). Considering how important working capital management is, Flowers by Irene Inc. decided to evaluate the amount of working capital being used in the firm and explore the prospects of how its working capital will be financed. Flowers by Irene Inc. reported the following results for current assets and liabilities on its most recent balance sheets. Interestingly, the company's sales did not change-lit reported sales of $16,650 for 2021 as well as for 2020 . Using the unformation given and a 365-day year, calculate days of working capital, net working capital, and net operating working capital for flowers by lrene ine. Use your calculations to complete the following statements: - Fwowers by trene incis days of working capital improved from days in 2020 to days at the end of 2021. - The compenyrs net working capital increased fram $5,250,00 in 2020 to at the end of 2021 Using the information given and a 365-day year, calculate days of working capital, net working capital, and net operating working capital for Flowers by Irene Inc. Use your calculations to complete the following statements: - Fowers by Irene incis days of working capital improved from days in 2020 to days at the end of 2021. - The company's net working capital increased from $5,250.00 in 2020 to at the end of 2021 . - Flowers by Irene Inci's net operating working capital increased from in 2020 to $11,250.00 at the end of 2021 . Consider the following statement: Assuming that other things remain constant, if Flowers by Irene Inc. has very, very low working capital days, it implies that the company has no business risk. Based on your understanding of working capital, operating assets, and nonoperating assets, identify whether the preceding statement is true or false for Fiowers by Irene Inc. This statement is false for Flowers by Irene Inc. This statement is true for Flowers by Irene Inc

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