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Calculate the operating cycle of a company which gives the following details : RS. Raw materials consumption per annum Annual cost of production 8.42.000 14,25,000
Calculate the operating cycle of a company which gives the following details : RS. Raw materials consumption per annum Annual cost of production 8.42.000 14,25,000 Annual cost of sales 15,30,000 Annual sales 19,50,000 Average value of current assets held: Raw materials 1,24,000 Work-in-progress how 120 72,000 Shorham al Finished goods 1,22,000 2,60,000 Debtors The company gets 30 days credit from its suppliers. All sales made by the firm are on credit only. You may take one year as equal to 365 days
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