Q. No. 02

Following particulars have been taken from ABC & Company:

Particulars

Raw Material consumed during the year Average stock of Raw material Work-in-Progress inventory

Finished Goods

Average W-I-P inventory

Average Finished goods held in stock Average collection period from debtors Average credit period availed

No of days in a year

Required: Calculate Net Working capital?

Amounts (Rs.)

12,00,000 100,000 10,00,000 16,00,000 60,000 80,000

90 days 60 days 360 days