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Calculate the cash cycle using the following information (360 days.) Also, 30% sales are on credit and 80% purchases are on credit. Opening Balance Raw
Calculate the cash cycle using the following information (360 days.) Also, 30% sales are on credit and 80% purchases are on credit.
| Opening Balance | ||
| Raw Material | 4,00,000 | |
| WIP | 80,000 | |
| Finishes Goods | 6,00,000 | |
| Debtors | 2,50,000 | |
| Creditors | 5,60,000 | |
| Closing Balances | ||
| Raw Materia | 5,00,000 | |
| WIP | 70,000 | |
| Finishes Goods | 7,25,000 | |
| Debtors | 3,15,000 | |
| Creditors | 6,25,000 | |
| Costs Incurred during the year | ||
| Manufacturing Costs | 10,45,000 | |
| Excise Duty | 8,50,000 | |
| Selling and Distribution Expenses | 4,20,000 | |
| Admin. Overhead | 3,00,000 | |
| Total Sale | 4,20,00,500 | |
| Total Purchase | 3,23,00,000 |
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Fundamentals Of Futures And Options Markets
Authors: John C. Hull
8th Global Edition
1292155035, 9781292155036
