From the following information of Goodluck Ltd., you are required to determine Working Capital requirement: (i) Annual

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● From the following information of Goodluck Ltd., you are required to determine Working Capital requirement:

(i) Annual Sales—`1,20,000

(ii) Analysis of Sales:

Raw materials 60%, Expenses 15%, Profit 25%

(iii) Credit allowed to debtors—1 month Credit allowed to creditors— 1 2

2 months Raw materials in store—1 month Processing period—2 months Finished Goods in Store—3 months

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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 04:00 AM

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From the following information of Goodluck Ltd., you are required to determine Working Capital requirement: (i) Annual

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Financial Management

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