BUS650 Week 3 Management of Working Capital Case Study “George’

BUS 650 Week 3 Management of Working Capital Case Study “George’s Team”Management of Working Capital Case Study: “George’s Trains”. View the following video:http://searchcenter.intelecomonline.net/playClipDirect.aspx?id=4870EEC7664070BB9D6744FDA7325EE44F45E0E47862343D60FAA8E3325D1A83C46D5C6FAB3D01A758FA30144214BB3DIt appears that George is running a profitable business. George is aware you are in an MBA Managerial Finance class and comes to you for advice on his working capital practices. More specifically George asks:1. How you would describe my working capital practices, including my methods of capital budgeting analysis techniques?2. What are potential pitfalls in my Capital Budgeting practices that I should be aware of?3. Develop a simple Statement of Cash Flows for George’s Trains using any information gleaned from the video. What areas of improvement do you recommend? Provide at least three references from the Ashford Library or other scholarly sources to support your recommendations.In a three to five page paper respond to George’s request for advice and answer each question in detail. The Written Paper should be properly formatted in alignment with APA 6th edition formatting.