Working capital management and the management of cash is the essence of operational finance. Working capital is in its simplest financial description as the difference between Current Assets minus Current Liabilities. The net effect is the amount of "extra dollars of value" you have to invest in short-term growth activity or "getting ahead of things". You might prepay some future expenses, buy materials that you anticipate needing that you could not do previously, etc.

1. Research in the Webster Library EBSCO Host or Google Scholar articles on Working Capital Management and Cash management (whether it is in healthcare or not the concepts are the same) and report on what is important and valuable in this financial process.

2. Why is this SO important in daily operations management and what is the role and responsibility of management at all levels in Working Capital Management.