9. From the following data, compute the duration of Operating Cycle for each of the 2 years and comment on the increase/decrease:

Particulars Year 1 Year 2 Stock of Raw Materials 75,000 1,05,000 Stock of WIP 54,000 72,000 Stock of Finished Goods 70,000 1,20,000 Debtors 75,000 1,35,000 Creditors 60,000 62,500 Raw Materials consumed 4,50,000 6,75,000 Cost of Production 5,40,000 7,20,000 Cost of goods sold 7,20,000 10,80,000 Sales 9,00,000 13,50,000 Purchases 4,80,000 7,50,000 Assume 350 days per year for computational purposes.