Learning Goal: I’m working on a accounting discussion question and need the explanation and answer to help me learn.
Working capital management strategies can be different for every company. Choose a firm (this can be the one for your Financial Analysis project or a different company of interest to you) and review their financials over a 10 year period. Compare the changes that have occurred over this time frame. For example, review the 2010 financials for Walmart, and compare them to the financials for 2020, in terms of working capital. Your working capital analysis should include the following:
- Your initial comments/impressions of the firm’s working capital policies
- Overall level and change in working capital over the time period and the factors that contributed to these changes
- Calculate the cash conversion cycle and how this has changed over time
- Determine how this firm compares to others within their industry
All sources used should be cited using APA formatting.This includes an in-text citation as well as a full citation section at the end of your posting. You must cite all sources referenced. the textbook is required: Global Business Today By Charles W. L. Hill