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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AAA Exams › December 2015 Q1{I) Dali Co
Hi mike
In the model answer under header ‘working capital’. It mentioned that liquidity ratio provides show that the operating cycle has increased from 165 days in 2014 to 205 days in 2015.
My question is how is this 165 days and 205 days derives.
Thanks
Inventory + receivables – payables
OK?
