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What are the components of Balance Sheet? Explain the relationship between the components. What is net working capital? Elaborate on how to use it to

  1. What are the components of Balance Sheet? Explain the relationship between the components.
  2. What is net working capital? Elaborate on how to use it to evaluate a company for its sufficiency of working capital. Can we compare two different-size companies with working capital? Why, or why not?
  3. What is the cash operating cycle? What are its components? Explain the relationship between the components.

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