Problem: Improving Working Capital
Reference Chapters 19, 21, 22, 23 of course text "Essentials of Healthcare Finance" answer the following questions:
a) What is working capital, and how would you calculate it?
b) How can the healthcare organization improve their working capital?
c) What are the great approaches for cash management? If you were the controller in charge of managing cash, what methods would you take, and why?
The response should include a reference list. Using one-inch margins, Times New Roman 12 pnt font, double-space and APA style of writing and citations.