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following particulars have been taken from ABC & Company: Particulars Amounts (Rs.) Raw Material consumed during the year 12, 00,000 Average stock of Raw material
following particulars have been taken from ABC & Company: Particulars Amounts (Rs.) Raw Material consumed during the year 12, 00,000 Average stock of Raw material 100,000 Work-in-Progress inventory 10, 00,000 Finished Goods 16, 00,000 Average W-I-P inventory 60,000 Average Finished goods held in stock 80,000 Average collection period from debtors 90 days Average credit period availed 60 days No of days in a year 360 days Required: Calculate Net Working capital
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