Question
1. Thus, if sales for the year 2019 amounted to Php 3,000,000 and working capital required was Php 600,000; the requirement of working capital for
1. Thus, if sales for the year 2019 amounted to Php 3,000,000 and working capital required was Php 600,000; the requirement of working capital for the year 2020 on an estimated sales of Php 4,000,000 shall be Php ___________; i.e. __% of Php 4,000,000.
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Managerial Accounting
Authors: Susan V. Crosson, Belverd E. Needles
8th Edition
9780618777174, 618777180, 618777172, 978-0618777181
