This is a group assignment task. You are required to form a group. (group participant is based on your lecturer instruction). The group task is to solve the issue on working capital management. Relate your answer based on what you have learn. Question Current uncertainties in the global economy and financial markets are putting increasing pressures on companies and their supply chains. In these times of economic uncertainty and reduced access to credit, working capital remains an obvious and key source of finance - it is the cheapest source of cash and it is available to most businesses. The fundamental principles of working capital are clear: reduce inventory and receivables whilst increasing payables balances. Companies which excel in their management of working capital will have: a real competitive advantage. Never less, issue surrounding working capital management still need to be assessed carefully and efficientiy. These are some issue on working capital management: You are required to: 1. Formulate solution(s) on how to tackle all these issues ii. Submit your report