Question A23 Indexo Ltd has performed some ratio analysis using the below information extracted from the nominal ledger. Inventory days 23 days Receivables days 31 days Trade payables days 45 days What is the working capital cycle for Indexo Ltd?
Question A23 Indexo Ltd has performed some ratio analysis using the below information extracted from the nominal ledger. Inventory days 23 days Receivables days 31 days Trade payables days 45 days What is the working capital cycle for Indexo Ltd?
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter4: Accounting For Retail Operations
Section: Chapter Questions
Problem 4.2MBA: Sales transactions Using transactions listed in P4-2, indicate the effects of each transaction on...
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Question A23
Indexo Ltd has performed some ratio analysis using the below information extracted from the nominal ledger.
Inventory days 23 days
Receivables days 31 days
Trade payables days 45 days
What is the working capital cycle for Indexo Ltd?
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