Important ratios of a firm for the year 2015 are given below: The firm expects an increase
Question:
Important ratios of a firm for the year 2015 are given below:
The firm expects an increase of 50% in sales in the ensuing year. Estimate the working capital requirement of the firm for the ensuing year.
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To estimate the working capital requirement for the ensuing year we need to calculate the changes in various components of working capital based on th...View the full answer
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Related Book For 
Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015
ISBN: 9789352605569
2nd Edition
Authors: M Hanif, A Mukherjee
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