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2 . 2 The following data was extracted from the company statements of Whothat Retailers, a clothing retail outlet for the year ended 3 1

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2.2 The following data was extracted from the company statements of Whothat Retailers, a clothing retail outlet for the year ended 31 March 2021:
\table[[Credit purchases,R330000],[Credit sales,R590000],[Opening stock,R87500],[Closing stock,R75000],[Debtors,R98500],[Creditors,R41000]]
Required:
Calculate the length of the working capital cycle by making use of the ratios, days stock on hand (inventory); debtors collection period (receivables) and creditors (payables) settlement period.
(12)
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