How would you define working capital? What could happen if an organization neglected to manage its working capital?

You are an accountant at a local CPA firm that is auditing the accounting records of ABC Company.
July 13, 2020
Genetic Disease
July 13, 2020

How would you define working capital? What could happen if an organization neglected to manage its working capital?

How would you define working capital? What could happen if an organization neglected to manage its working capital? What techniques would you recommend for your organization? Why? What is capital planning?

Why is the internal rate of return important to an organization? Why is net present value important to a project? How would you select from multiple projects presented to your organization? What is a lease? Why would you choose to lease instead of buy a capital item? What steps would you follow to decide whether to lease or buy a computer system?