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Question (6) Watchtakers Inc. is a consulting firm that carries out projects in the energy sector. They advise on corporate strategy as part of major
Question (6) Watchtakers Inc. is a consulting firm that carries out projects in the energy sector. They advise on corporate strategy as part of major change. Projects and assignments last several months. The company mostly rents office space and typically bills clients at the end of assignments. What would be a typical asset profile (split by %) of the business? O Current Assets: Cash 20%, Accounts Receivable 10% Work-in-Progress 5% Inventory 0%. Non- Current Assets: Property 55% Other non-current assets 10% O Current Assets Cash 20%, Accounts Receivable 25% Work-in-Progress 35% Inventory 0% Non- Current Assets Property 10% Other non-current assets 10%. O Current Assets Cash 5%, Accounts Receivable 35% Work-In-Progress 5% Inventory 5%. Non- Current Assets Property 45% Other non-current assets 5% O Current Assets Cash 10%, Accounts Receivable 10% Work-in-Progress 5% Inventory 30%. Non- Current Assets Property 40% Other non-current assets 5%.
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