+ QUESTION 2: A. From the below information Calculate Working Capital. Debtors $ 55,000 Inventories $ 15,000 Accounts Payable $ 12,000 Cash $ 4,000 Accounts Receivable $ 8,000 Creditors $ 16,500 Other Current Assets $ 7,500 Bills Payable $ 3,300 Short term borrowings $2,700 I B. "Finance managers spend up to 60 percent of their time in working capital management." Explain the importance of working capital management.