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| Teaching Since: | Apr 2017 |
| Last Sign in: | 419 Weeks Ago |
| Questions Answered: | 3232 |
| Tutorials Posted: | 3232 |
MBA,MCS,M.phil
Devry University
Jan-2008 - Jan-2011
MBA,MCS,M.Phil
Devry University
Feb-2000 - Jan-2004
Regional Manager
Abercrombie & Fitch.
Mar-2005 - Nov-2010
Regional Manager
Abercrombie & Fitch.
Jan-2005 - Jan-2008
Q1. From the following figures calculate the period of operating cycle and estimate the amount of working capital required:- Rs. Rs. 1-4-04 31-3-05 Stock of raw material 35000 55000 Stock of work in progress 10000 30000 Stock of finished goods 30000 10000 Sundry debtors 50000 50000 Purchase of materials --- 200000 Wages and manufacturing expenses --- 80000 Administrative & selling expenses --- 40000 Sales --- 500000 The company obtains credit of 60 days from its creditors. All the sales is on credit. Assume 360 days in a year
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