Question: Help please :( i don't understand it PROBLEM 3: Managing Working Capital A business wishes to forecast its financial performance and position for the forthcoming

Help please :( i don't understand it

Help please :( i don't understand it PROBLEM 3: Managing Working Capital

PROBLEM 3: Managing Working Capital A business wishes to forecast its financial performance and position for the forthcoming year and believes that the following relationships will hold: Sales: non-current assets 2.4:1 Non-current assets: current assets 0.8:1 Current ratio 1.0:1 Acid-test ratio 0.6:1 Sales revenue for the forthcoming year is expected to be 50m. What is the forecast level of inventories held at the end of the year

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