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How does the working capital supports or generates sales volume? How does the ratio indicate it?
I’m studying from bpp book and practicing kaplan kit. Which exam resources do you recommend?
Thanks.Working capital does not generate sales volume, but it is necessary because (for example) we need to offer credit to customers (and therefore have receivables) if our competitors offer credit because otherwise we would risk losing business.
The best way to study is to use our free lectures (together with the free lectures notes that go with them) and then to practice as many questions from a current edition of a revision kit from one of the ACCA approved publishers.
Thanks 🙂
I have just started preparing for f9, I hope it’s not too late.Im only appearing for f9 this June.35 mcq in kaplan kit related to working capital. Could you explain it please. I don’t know how to attach an image via mobile phone.
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