Working Capital and the Financing Decision

Working Capital and the Financing Decision

Prior to beginning work on this assignment, complete the Week 3 Application Assignment in McGraw-Hill Connect.

In your assignment address the following:

Explain why working capital is important.
Examine what happens when a company mismanages working capital.
Evaluate how interest rates influence working capital.

Please add/use reference below too:
Block, S. B., Hirt, G. A., & Danielson, B. R. (2022). Foundations of financial management (18th ed.). McGraw-Hill Education.

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