The information regarding working capital are as under:
| Inventory conversion period | 40 days |
| Receivable conversion period | 20 days |
| Payable deferred period | 10 days |
| Days in a year | 360 days |
| Annual credit sale | 72,00,000 |
| Manufacturing cost per day | 12,000 |
Required:
Ans: (a) 50 days (b) Rs. 6,00,000
Asked Years
Related Topics
