REQUIRED Calculate the working capital cycle of Provalis Limited. INFORMATION The following financial information is provided by Provalis Limited R Sales (all credit) 8 000 000 Cost of Sales 5 600 000 Purchases (60% on credit) 7 000 000 Accounts Receivable 1 800 000 Accounts Payable 1 200 000 Inventory 900 000
REQUIRED Calculate the working capital cycle of Provalis Limited. INFORMATION The following financial information is provided by Provalis Limited R Sales (all credit) 8 000 000 Cost of Sales 5 600 000 Purchases (60% on credit) 7 000 000 Accounts Receivable 1 800 000 Accounts Payable 1 200 000 Inventory 900 000
Chapter14: Security Structures And Determining Enterprise Values
Section: Chapter Questions
Problem 8EP
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Question
REQUIRED
Calculate the
INFORMATION
The following financial information is provided by Provalis Limited R |
|
Sales (all credit) |
8 000 000 |
Cost of Sales |
5 600 000 |
Purchases (60% on credit) |
7 000 000 |
Accounts Receivable |
1 800 000 |
Accounts Payable |
1 200 000 |
Inventory |
900 000 |
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