Question 5 Safari Tours Ltd has provided the following information based upon the year to 31 January 2010. Credit sales £1,200,000 Credit purchases £650,000 Average stock £80,000 Average debtors £200,000 Average creditors £54,000 Discuss the impact on the firm’s ability to withstand local economic shock if the working capital cycle increases by 12.5%. Use your workings to illustrate your answer
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