Why is effective working capital management important? What are some working capital strategies in your organization? Would you consider your organization’s approach flexible, moderate, or restrictive? Why?
Prepare written responses to the Assessing Martin Manufacturing’s Current Financial Position case in Ch. 2 of Principles of Managerial Finance: Brief.
Summarize your evaluations in a 350- to 700-word memo addressed to Martin Manufacturing’s management.
Answer parts a, b and c. You may use the Table Template, available on the student website, to record your calculations and copy the table to answer part a.