Plans a project that will generate revenues

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Reference no: EM131609030

Olin Inc plans a project that will generate revenues of $10 million. The COGS are expected to be 60% of revenue. The firm offers 90 days credit to its customers and in turn gets 180 days credit from its suppliers. The firm follows just in time inventory policy and hence only uses 5 days of inventory in its operations. Calculate the amount of NWC the firm will need?

Reference no: EM131609030

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