A company's average collection period is 30 days and its average payment period is 45 days. If
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A company's average collection period is 30 days and its average payment period is 45 days. If its annual sales are $1,000,000, what is the company's net working capital?
Related Book For
Contemporary Financial Management
ISBN: 9780324289114
10th Edition
Authors: James R Mcguigan, R Charles Moyer, William J Kretlow
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