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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
The following data was extracted from the company statements of Whothat Retailers, a clothing retail outlet for the year ended March :
tableCredit purchases,RCredit sales,ROpening stock,RClosing stock,RDebtorsRCreditorsR
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.
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