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Webb has prepared the following information from its financial statements at 31 May 20X8. Revenue 438,000 Working capital cycle 57 days Inventory holding days 62

Webb has prepared the following information from its financial statements at 31 May 20X8.

Revenue 438,000

Working capital cycle 57 days

Inventory holding days 62 days

Payables payment days 53 days

Required:-

Calculate the value of Webbs receivables balance at 31 May 20X8?

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