Question
Consider the following table that contains selected financial data for Coca Cola Amatil (CCL) for financial year 2018. Net Sales Cost of Sales Accounts Receivable
Consider the following table that contains selected financial data for Coca Cola Amatil (CCL) for financial year 2018.
Net
Sales
Cost of Sales
Accounts Receivable
Invent.
Accounts Payable
Curr.
Ass.
Curr.
Lia.
CCL
4,764
2,964
995
626
597
2,815
1,643
Using the data contained in the table,
(a)calculate the net working capital for CCL in 2018 (Show all your calculations).
(b)What Working Capital Strategy is CCL implementing? Explain why
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Derivatives Markets
Authors: Robert McDonald
3rd Edition
978-9332536746, 9789332536746
