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WORKING CAPITALQUESTION X & Y Co is desirous to purchase a business and has consulted you and one point on which you are asked to advise them is the average amount of working capital which will be

WORKING CAPITAL: QUESTION X & Y Co is desirous to purchase a business and has consulted you, and one point on which you are asked to advise them is the average amount of working capital which will be required in the first year’s working. You are given the following estimates and are instructed to add 10% to your computed figure to allow for contingencies.

 

May 02 2020 View more View Less

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