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WORKING CAPITAL QUESTION From the following projections of XYZ & Co for the next year you are required to determine the working capital required by the company Amount $ Annual sales 1400000 Cost

WORKING CAPITAL: QUESTION From the following projections of XYZ & Co. for the next year, you are required to determine the working capital required by the company. Amount ($) Annual sales 1400000 Cost of production (including depreciation 1200000 Of $ 120000) Raw material purchases 705000 Monthly expenditure 25000 Estimated opening stock of raw materials 140000 Estimated closing stock of raw materials 125000

 

May 02 2020 View more View Less

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