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Topic: Business
Number of pages / Number of words: 6 / 1552
Essay's paper body

Retailers hold sales to free buying dollars for future months.

Question 3.

The Working Capital for the Reed Clothier Business is the amount by which current assets exceed current liabilities.

In this instance it is:

Current Assets: $ 921,000

Current Liabilities: $ 457,000

Working Capital: $ 464,000

The working capital is used to fund the operations of Reed, such as purchases of raw materials, office supplies, salaries, products and so on...


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More specifically it finances the cash conversion cycle of the business which is the number of days required to convert materials into finished goods, finished goods into sales, and accounts receivables into cash. In the case of Reed the business is a retail shop and they purchase completed products...


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General points of the essay

Deborah Reed John Reed Essay Current Business Research Project Paper Synopsis Current Business Research Project Paper Current Business Research Project Current and Non-current Assets Discuss the current and future trends in managing international or multinational company Making More Money From Less Advertising: Current Trend Of E-Business Reed's Clothiers Current Business Problems Jeremy Reed Arthur Reed - Case Study Current Liabilities and Contingencies Current Ethical Issues in Business An Overview On Current Free And Open Source Desktop Gis Developments

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