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Which of the following statements about the components of the working capital of a large supermarket chain is unlikely to be correct? Inventory levels will
Which of the following statements about the components of the working capital of a large supermarket chain is unlikely to be correct? Inventory levels will be a modest percentage of gross assets because of perishable goods and just in time delivery methods Trade receivables will be low as customers are not given credit terms Trade payables will be low because prompt payment helps secure continuity of supply Working capital will be tightly controlled
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