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Question 6 2 pts You are preparing the estimated cash flows for a project. The project will need an average cash balance of E36,000 for

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Question 6 2 pts You are preparing the estimated cash flows for a project. The project will need an average cash balance of E36,000 for day to day operations. Non-current (fixed) assets for the project will cost 178,000 Stocks/inventory will turnover once every 2.4 weeks, the average period of credit given to customers (debtors/receivables) will be 1.5 weeks; suppliers (creditors/payables) will provide an average of 1.0 weeks credit. What is the working capital requirement (in weeks, to one decimal place) for this project? Previous Next Not saved Submit quis G Search or type URL $ % 5 & 7 ) 0 3 00* 4 6 9 E R Y Y U 1

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