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3. Yummy, a manufacturer of halal canned food supplies the same to a large number of wholesale and retail stores in the GCC and needs

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3. Yummy, a manufacturer of halal canned food supplies the same to a large number of wholesale and retail stores in the GCC and needs to increase its working capital funding to expand its operations. Since they have a substantial receivables book of long-standing regular debtors, thoroughly evaluate what forms of financing may be considered suitable for this business to meet the working capital requirements and some advantages of the same over traditional forms of financing. (12.5 marks)

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