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The average daily sales of a company are ` 5 lac. The company normally keeps a cash balance of ` 80000. If the weighted operating
The average daily sales of a company are ` 5 lac. The company normally keeps a cash balance of ` 80000. If the weighted operating cycle of the company is 45 days, calculate its working capital.
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Intermediate Accounting IFRS
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
3rd edition
1119372933, 978-1119372936
