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fast - Accompany has seasonal funding needs and holds at minimum. $15,000 in cash and marketable oil and its accounts receivable increase to $100,000. Accounts
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- Accompany has seasonal funding needs and holds at minimum. $15,000 in cash and marketable oil and its accounts receivable increase to $100,000. Accounts payable remain at $70,000 throughout the year. S60,000 in inventory, and S30,000 in accounts receivable. At peak times, the inventory increases to $200.000, 1. Calculate minimum funding requirement (4 marks) 2. Calculate peak funding requirement (4 marks) Step by Step Solution
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