Which of the following definitions of working capital gap (WCG) is acc

Which of the following definitions of working capital gap (WCG) is accurate?

A) WCG = age of inventory – age of receivables – age of payables
B) WCG = Age of receivables – age of inventory – age of payables
C) WCG = age of payables – age of inventory – age of receivables
D) WCG = age of inventory + age of receivables – age of payables

 

 

ANSWER

D

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