Question
Consider the following data. Particulars Opening OMR Closing OMR Debtors 400,000 600,000 Bills Receivables 600,000 700,000 Creditors 200,000 300,000 Bills Payables 400,000 400,000 Index 100
Consider the following data.
| Particulars | Opening OMR | Closing OMR |
| Debtors | 400,000 | 600,000 |
| Bills Receivables | 600,000 | 700,000 |
| Creditors | 200,000 | 300,000 |
| Bills Payables | 400,000 | 400,000 |
| Index | 100 | 160 |
a. What is the amount of opening working capital for the calculation of MWCA?
b. What is the amount of closing working capital for the calculation of MWCA?
c. What is the amount of Monetary Working Capital Adjustment?
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Managerial Accounting
Authors: Libbey Phillips Whitecotton
2nd Edition
1259240908, 978-1259240904
