REQUIRED Calculate the working capital cycle of Provalis Limited.   INFORMATION   The following financial information is provided by Provalis Limited                                             R Sales (all credit) 8 000 000 Cost of Sales 5 600 000 Purchases (60% on credit) 7 000 000 Accounts Receivable 1 800 000 Accounts Payable 1 200 000 Inventory 900 000

Entrepreneurial Finance
6th Edition
ISBN:9781337635653
Author:Leach
Publisher:Leach
Chapter14: Security Structures And Determining Enterprise Values
Section: Chapter Questions
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REQUIRED

Calculate the working capital cycle of Provalis Limited.

 

INFORMATION

 

The following financial information is provided by Provalis Limited 

                                           R

Sales (all credit)

8 000 000

Cost of Sales

5 600 000

Purchases (60% on credit)

7 000 000

Accounts Receivable

1 800 000

Accounts Payable

1 200 000

Inventory

900 000

 

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