Question: QUESTION 1 [4 MARKS] REQUIRED Calculate the working capital cycle of Provalis Limited. INFORMATION The following financial information is provided by Provalis Limited R 8

QUESTION 1 [4 MARKS] REQUIRED Calculate the working capital cycle of

QUESTION 1 [4 MARKS] REQUIRED Calculate the working capital cycle of Provalis Limited. INFORMATION The following financial information is provided by Provalis Limited R 8 000 000 5 600 000 7 000 000 Sales (all credit) Cost of Sales Purchases (60% on credit) Accounts Receivable Accounts Payable Inventory 1 800 000 1 200 000 900 000

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