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Working Capital

Ddarsh19975y ago
Hello John, Regarding WC example 2, why to calculate the new receivable balance, the discount was not incorporated into the calculat Thanks
John MoffatJohn MoffatTutor5y ago#1
I explain in my lecture that the examiner is not consistent - sometimes he brings in the discount and sometimes he doesn't. As a result you get full marks whether you do or not (and the difference is always only small anyway).
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