Question: onsider the following table that contains selected financial data for Coca Cola Amatil (CCL) for financial year 2018. Net Sales Cost of Sales Accounts Receivable

onsider the following table that contains selected financial data for Coca Cola Amatil (CCL) for financial year 2018.

Net

Sales

Cost of Sales

Accounts Receivable

Invent.

Accounts Payable

Curr.

Ass.

Curr.

Lia.

CCL

4,764

2,964

995

626

597

2,815

1,643

Using the data contained in the table,

(a) calculate the net working capital for CCL in 2018 (Show all your calculations).

(b) What Working Capital Strategy is CCL implementing? Explain why.

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