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Question WQS is a retailer of general merchandise, carrying more than 50,000 individual stock- keeping units (SKUs) at any one time. The company has 400
Question WQS is a retailer of general merchandise, carrying more than 50,000 individual stock- keeping units (SKUs) at any one time. The company has 400 stores located in N-Land and records the data at both group and individual store level. The currency of N-Land is N$. You are WQSs Finance Manager and are in the process of preparing a summary working capital report. You need to incorporate the value of inventory into your report to the Senior Management Team (SMT), based on the available information in your file: Receivables days 3 58 Payable days Working capital cycle days (9) Revenues N$ 678,432,771 Cost of Sales N$ 358,502,346 To the nearest N$ million, what is the value of WQS's inventory?|
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