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You are supplied with the following information from the records of Anand Prabhat Ltd. for the year ending March 31, 2016. 90,000 (i) Trade receivabes

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You are supplied with the following information from the records of Anand Prabhat Ltd. for the year ending March 31, 2016. 90,000 (i) Trade receivabes at the end of the year 25,000 (ii) Trade payables in the beginning of the year 45,000 (iii) Trade payables at the end of the year 1,20,000 (iv) Net working capital 5.0 times () Inventory turnover ratio (vi) Inventory for the year 2016 5,00,000 (vii) Gross profit ratio. 20% on sales Calculate: (a) Average Inventory (b) Purchases (c) Average Payment Period (d) Average Collection Period (e) Payables Turnover Ratio 0 Working Capital Turnover Ratio

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