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KXP Co

Former userFormer user4y ago
This is under Section C Working Capital BPP. Why does the examiner not include the finance cost in (b) ?
John MoffatJohn MoffatTutor4y ago#1
You could have included the interest cost on the average level of inventory and would have still got full marks. The examiners answer has assumed that the 24c holding cost includes the interest cost.
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