The study looked at how managing working capital and using leverage affect a company's value, with profitability playing a role. They used numbers to analyze this. The way a company handles its working capital can boost its value. But using leverage doesn't really impact a company's value. When looking at both working capital and leverage together, they don't have a big impact on a company's value. Profitability can change how working capital affects a company's value. But profitability doesn't change how leverage affects a company's value. Knowing a company's value can help with deciding where to invest because it shows how well a company's assets can make money.