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Working capital cycle in a manufacturing business
Average time raw materials are in stock (raw materials/purchases x 365 days)
Plus
Time taken to produce goods
Time taken by customers to pay for goods(receivable days)
Less
Period of credit taken from suppliers(payable days)
Equals
Working capital cycle (in days)
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I need a report on Accounting or Average Rate of Return. Can you please assist me for Accounting or Average Rate of Return report for about 2500 words?
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