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For a company, the following applies: Sales: SEK 19,000,000 Inventories: SEK 3,000,000 Accounts payable: the average credit period to suppliers amounts to 32 days. Accounts
For a company, the following applies: Sales: SEK 19,000,000 Inventories: SEK 3,000,000 Accounts payable: the average credit period to suppliers amounts to 32 days. Accounts receivable: the average customer credit period is 35 days. Cash and cash equivalents: SEK 1,700,000 a) Calculate the company's working capital needs. For points required all calculations redovisas. b) Discuss 2 different measures that can reduce the need for working capital.
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