3. A trading companys forecast sales and other particulars are given below: Forecast annual sales `1,30,000 Net

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3. A trading company’s forecast sales and other particulars are given below:

Forecast annual sales `1,30,000 Net profit on cost of sales 25%

Average credit allowed to debtors 8 weeks Average credit allowed by creditors 6 weeks Average stock carrying (to meet sales) 4 weeks Determine forecast working capital of the company. Estimated cash on hand and at Bank

`5,000.

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Financial Management

ISBN: 9789352605606

1st Edition

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

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Question Posted: Jul 23, 2024 07:01 AM

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3. A trading companys forecast sales and other particulars are given below: Forecast annual sales `1,30,000 Net

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Financial Management

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