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Solaris Ltd . sells goods in domestic market at a gross profit of 2 5 percent, not counting on depreciation as a part of the
Solaris Ltd sells goods in domestic market at a gross profit of percent, not counting on depreciation
as a part of the 'cost of goods sold'. Its estimates for next year are as follows:
Amount in lakhs
The company keeps month's stock of each of raw materials and finished goods and believes in
keeping lakh as cash. Assuming a percent safety margin, ascertain the estimated working
Capital requirement of the company ignore workinprocess
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