What is working capital what components of the balance, Financial Management

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What is working capital what components of the balance

1. Please describe in detail the components of working capital and how firms manage them in 200 words or more.

2. What is working capital? What components of the balance sheet make up working capital? Why is working capital important?

3. Discuss in detail the value of a diversified portfolio. Explain how your diversification strategy could change overtime based on investor's age or life events.

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