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Assume that you just started a merchandising business. Your planned level of operations requires P1,000,000 fixed assets and P500,000 working capital that has a projected

Assume that you just started a merchandising business. Your planned level of operations requires P1,000,000 fixed assets and P500,000 working capital that has a projected average seasonal fluctuations of P100,000 less or more than the P500,000 level. How would you finance your working capital requirement? Explain.

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