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Figures provided are not correct however I am looking to understand the method. Inventory days 45 Annual Revenue $5,00,000 Credit purchases 1,700,000 Payables 340,000 How
Figures provided are not correct however I am looking to understand the method.
Inventory days 45
Annual Revenue $5,00,000
Credit purchases 1,700,000
Payables 340,000
How would you calcualte the working capital cycle from the information provided?
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