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    reymondniez's Avatar
    reymondniez Posts: 1, Reputation: 1
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    #1

    Sep 15, 2010, 06:46 AM
    How to calculate ending inventory if only given is beginning and purchases
    1. How to calculate ending inventory if only given is beginning and purchases?
    2. how to calculate working capital of Accounts receivable & re payments?
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #2

    Sep 15, 2010, 10:14 AM

    1. You can't.
    2. Working capital is current assets minus current liabilities, so it doesn't just involve receivables, and "payments" is a transaction, not a balance. If you make a payment you're reducing cash, but that's affecting the balance of cash, which is not the same as the balance itself. And working capital involves more accounts than just these.
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