Calculate average amount of working capital required, Financial Management

X & Y is desirous to purchase a business and has consulted you, and one point on which you are asked to advice them, is the average amount of working capital which will be required in the first year's working.

You are given the following estimate and are instructed to add 10% to your computer figure to allow for contingencies:

Set up your calculation for the average amount of working capital required.

 

Posted Date: 3/19/2013 6:27:50 AM | Location : United States







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