1. From the following data compute the money block period of working capital: (` in 000) Stock:...

Question:

1. From the following data compute the money block period of working capital:

(` in 000)

Stock: Raw Materials 20 W.I.P 14 Finished Goods 21 Purchases 96 Cost of goods sold 140 Sales 160 Debtors 32 Creditors 16 1 year = 360 days

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Financial Management

ISBN: 9789352605606

1st Edition

Authors: Swapan Sarkar, Bappaditya Biswas, Samyabrata Das, Ashish Kumar Sana

Question Posted: