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Chapter 7

 explain the policies a company may adopt on the level of investment in current
assets

 discuss the effect of the industry in which the organisation operates on the
length of the working capital cycle

 calculate the level of working capital investment in current assets by selecting
relevant data from the company’s accounts and discuss the implications for the
company

and answer questions relating to these areas.

The underpinning detail for this Chapter in your Integrated Workbook can
be found in Chapter 7 of your Study Text

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