If days in inventory, receivables and payables are 40, 40 and 30 respectively: (i) calculate the cash
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If days in inventory, receivables and payables are 40, 40 and 30 respectively:
(i) calculate the cash flow cycle
(ii) provide two actions that the organisation can take to reduce the cash flow cycle and the potential costs of taking each action.
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Related Book For
Fundamentals Of Accounting And Financial Management
ISBN: 9780170454797
8th Edition
Authors: Professor Ken Trotman, Kerry Humphreys
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