Exam 19: The Management of Working Capital

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The operating cycle for Fiennes Welbart plc for the year ended 31 May 20X7 was 117.3 days.The average inventory turnover period for the year was 92.7 days and the average trades receivables turnover period for the year was 57.6 days.What was the average trade payables turnover period for the year?

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Which of the following statements is correct? Factoring can assist businesses in the management of their

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Which of the following is a significant drawback of the Economic Order Quantity model?

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Which of the following is an element of working capital?

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Which of the following is not an element of working capital?

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