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Question3 3. Hypothetical Manufacturing Ltd provides you with the following details: Current assets of $12m. Current liabilities of $6m. Net sales of $20m. Quick ratio

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3. Hypothetical Manufacturing Ltd provides you with the following details: Current assets of $12m. Current liabilities of $6m. Net sales of $20m. Quick ratio of 1.00. Debtors collection period of 30 days. Calculate the level of inventory and receivables. 4. What is the importance of understanding the operating leverage, financial leverage, total

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