Question
Calculate the Cash Cycle using the following information. (Assume 360 days in a year). Opening Balances Raw Material 4,00,000 WIP 80,000 Finished Goods 6,00,000 Debtors
Calculate the Cash Cycle using the following information. (Assume 360 days in a year).
| Opening Balances | |
| Raw Material | 4,00,000 |
| WIP | 80,000 |
| Finished Goods | 6,00,000 |
| Debtors | 2,50,000 |
| Creditors | 5,60,000 |
| Closing Balances | |
| Raw Material | 5,00,000 |
| WIP | 70,000 |
| Finished 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. Overheads | 3,00,000 |
| Total Sales | 4,20,00,500 |
| Total Purchases | 3,23,00,000 |
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Fundamentals of Investments Valuation and Management
Authors: Bradford D. Jordan, Thomas W. Miller
5th edition
978-007728329, 9780073382357, 0077283295, 73382353, 978-0077283292
