A. Working Capital Management: Process of managing a company’s current assets and liabilities which allows the company to meet short term cash obligations to operated effectively. It helps to improve cash flow, reduce costs and improve profitability. B. Financing: [In one paragraph, explain how a business finances its operations and expansion.] C. Short-Term Financing: If the need would arise for short term financing, Microsoft could leverage credit lines, use asset-backed financing and bank loans. The working capital position of Microsoft suggest that short-term financing needs are not an urgent factor though, and having some additional flexibility is always a nice option depending on the needs and changes to the products. D. Bond Investment: [In one paragraph, analyze the risks and benefits of the business choosing to invest in a corporate bond, including the necessary ethical considerations, appropriate calculations, and examples to support your analysis.] E. Capital Equipment: [In one paragraph, analyze the risks and benefits of the business choosing to invest in capital equipment, including the necessary ethical considerations, appropriate calculations, and examples to support your analysis.] F. Capital Lease: [In one paragraph, analyze the risks and benefits of the business choosing to purchase a capital lease, including the necessary ethical considerations, appropriate calculations, and examples to support your analysis.]