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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)
For the purpose of the assignment, ASSUME that you are the most senior financial officer in the firm, and has responsibility for treasury. In its financial advisory capacity, you h
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