Question 3 Account receivables and account payables are the major components of working capital in corporations. Explain the importance of managing both components in the context of a car manufacturing company. Suggest three (3) effective ways of managing both receivables and payables. Illustrate your answers with some practical examples. (800 words) Question 4 Many large corporations could not survive or sustain their businesses during the Covid pandemic period due to insufficient working capital. Write 800 words essay to examine efficient working capital management as a prerequisite to large corporations' survival and growth and discuss the effects of working capital management on their profitability.