Question:1."Working capital must be adequate, but at the same time not excessive". Comment.

2.'From an account keeper to strategic decision maker - the role of finance manager has undergone a

see change during recent times'. Explain.

3. 'Wealth maximization is an operationally feasible criterion for evaluation of financial decisions'.

Comment.

4.Which working capital approach or finance policy do you recommend for profitability-solvency tangle

for the company? Comment.

5."The credit policy of a company is criticized because the bad-debt period has also increased

considerably and the collection period has also increased". Discuss under what conditions this

criticism may not be justified.