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EXERCISE 1: DAYS OF WORKING CAPITAL 2012 2013 Inventories Trade receivables Sub-total $ 450,000 360.000 810,000 $490,000 385.000 875,000 Trade and other payables 400,000 440.000

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EXERCISE 1: DAYS OF WORKING CAPITAL 2012 2013 Inventories Trade receivables Sub-total $ 450,000 360.000 810,000 $490,000 385.000 875,000 Trade and other payables 400,000 440.000 Net working capital $ 410,000 $435.000 1. Calculate the Days of Working Capital for 2012 and for 2013. EXERCISE 1: DAYS OF WORKING CAPITAL 2012 2013 Inventories Trade receivables Sub-total $ 450,000 360.000 810,000 $490,000 385.000 875,000 Trade and other payables 400,000 440.000 Net working capital $ 410,000 $435.000 1. Calculate the Days of Working Capital for 2012 and for 2013

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