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6 You are preparing the estimated cash flows for a project. The project will need an average cash balance of 36,000 for day to day

image text in transcribed 6 You are preparing the estimated cash flows for a project. The project will need an average cash balance of 36,000 for day to day operations. Non-current (fixed) assets for the project will cost 778,000. Stocks/inventory will turnover once every 2.4 weeks; the average period of credit given to customers [debtors/receivables] will be 1.5 weeks; suppliers (creditors/payables] will provide an average of 1.0 weeks credit. What is the working capital requirement (in weeks, to one decimal place) for this project? ( )

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