A senior management team at Rail cam, a supplier to the railway industry, is trying to prepare
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These sales will be made on three months' credit and there will be no bad debts.
There are only three cost elements. First, wages amounting to £6m per year. Second, raw materials costing one-half of sales for the year. Raw material suppliers grant three months of credit. Third, direct overhead (only incurred if the project is undertaken) at £5m per year. Start date: 1.1.20X1.
Calculate the net operating cash flow for the years 20X2-20X4.
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