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A company has a cash conversion cycle of 5 0 days. Annual outlays are R 1 0 million and the cost of negotiated financing is
A company has a cash conversion cycle of days. Annual outlays are R million and the cost of negotiated financing is Calculate its annual savings if the company reduces its average age of inventory by days. Assume days per year.
a
R
b
R
c
R
d
R
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