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Working capital cycle for a trade
Inventories days (time inventories are held before being sold)
Plus
Trade receivables days (how long the credit customers take to pay)
Minus
Trade payables days (how long the company takes to pay its suppliers)
Equals
Working capital cycle (in days)
#pseudocode for finance class ..
Explain the adjustments necessary to translate enterprise value to the total present value of common equity. To gain the value of the company's common stock add the value of th
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