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Question 5 Winston Ltd had the following balances available on 31 December 2020: Account Balance Land and buildings R260,000 Receivables R20,000 Payables R13,000 Bank (unfavourable)

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Question 5 Winston Ltd had the following balances available on 31 December 2020: Account Balance Land and buildings R260,000 Receivables R20,000 Payables R13,000 Bank (unfavourable) R15,000 Inventory R37,000 Retained earnings R82,000 Required Calculate the networking capital (NWC) of Winston Ltd on 31 December 2020

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