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Matsilele Manufacturing Incorporated provides you with the following details: current assets of R17 million current liabilities of R9 million net sales of R35 million quick

Matsilele Manufacturing Incorporated provides you with the following details: current assets of R17 million current liabilities of R9 million net sales of R35 million quick ratio of 1.00 debtors' collection period of 30 days Calculate the level of inventory and receivables

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