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Prepare an estimate of working capital requirements 1. Annual sales 100000 units 2. Selling price Rs 8 per unit 3. Percentage of net profit on
Prepare an estimate of working capital requirements
1. Annual sales 100000 units
2. Selling price Rs 8 per unit
3. Percentage of net profit on sales 25
4. Average credit period 8 weeks
5. Average credit period allowed to suppliers 4 weeks
6. Average stock holding in terms of sales 12 weeks
7. Allow 10 percent for contingencies
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