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Your client, Gemmel Ltd, has the following 2022 forecast information and comparisons to actual year end 2021. Forecast year ending 30.09.2022 ($'000) Actual year ending

Your client, Gemmel Ltd, has the following 2022 forecast information and comparisons to actual year end 2021.
Forecast year ending 30.09.2022 ($'000)
Actual year ending 30.09.2021 ($'000)
COGS
(980)
(720)
Trade debtors
80
40
Inventory
280
260
Trade creditors
(120)
(150)
Calculate the additional working capital that Gemmel Ltd has to fund during 2022 based on the forecast for 2022.

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Previous Question Next Question

	Forecast year ending 30.09.2022 ($'000)	Actual year ending 30.09.2021 ($'000)
COGS	(980)	(720)
Trade debtors	80	40
Inventory	280	260
Trade creditors	(120)	(150)