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
Financial Management
ISBN: 9789352605606
1st Edition
Authors: Swapan Sarkar, Bappaditya Biswas, Samyabrata Das, Ashish Kumar Sana
Question Posted: