Identify the major features of the working capital cycle

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(a) Take a walk around the major business neighbourhood in your home town or city and identify the major features of the working capital cycle of a few businesses - for example, bakery, grocery, airlines, manufacturing company, retail trader, wholesale trader, etc.

(b) Obtain the audited annual reports of a few listed (in the stock market) companies engaged in different business activities and calculate the operating cycle, working capital cycle and explain how the working capital requirements are funded.

Reference no: EM13924999

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