Explain the concept of working capital

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1. Explain the concept of working capital and its importance to Genesis Energy.

2. Describe the mechanism and methodology used to ensure that operational needs are met through short-term financing. Explain why this methodology is important to Genesis Energy.

3. Explain how working capital represents the assets that are needed to carry out the day-to-day operation and how working capital can act as a source of financing or increase the need for financing.

Reference no: EM13910148

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