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PT XYZ is a trading company which has the following information: a. Sales in 2019 amounted to 4000000 b. HPP in 2019 is 250000 c.
PT XYZ is a trading company which has the following information: a. Sales in 2019 amounted to 4000000 b. HPP in 2019 is 250000 c. Beginning inventory 35000 and ending inventory (31 Dec 2019) 15000 d. Accounts receivable at the beginning of the period 1500000 and receivables at the end of the period (Dec 31, 2019) 2500000 e. Total cash disbursement average per day 20000 Assume 1 year = 360 days. Based on this information, Calculate Company XYZ's working capital needs in 2019
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