Calculate the level of inventory and receivables

Reference no: EM13925085

Hypothetical Manufacturing Ltd provides you with the following details:

? Current assets of $12m.
? Current liabilities of $6m.
? Net sales of $20m.
? Quick ratio of 1.00.
? Debtors collection period of 30 days.

Calculate the level of inventory and receivables.

Reference no: EM13925085

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