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Question 2: Days of Working Capital (4 marks) BUSI-ness Corporation has provided you with the following information for 2021 and 2022. 2022 2021 Profit
Question 2: Days of Working Capital (4 marks) BUSI-ness Corporation has provided you with the following information for 2021 and 2022. 2022 2021 Profit for the year Trade Receivables 225,000 195,000 Depreciation/amortization 65,000 47,500 385,000 365,000 Inventories 465,000 425,000 Trade and other payables 415,000 365,000 Revenue 2,250,000 2,050,000 Required: Calculate the company's Days of Working Capital (DWC) for 2021 and 2022.
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