Following financials pertain to ABC Ltd. for the year ended 31/03/2021 : (i) Raw Material Inventory-Average outstanding amount : ₹40,000 (ii) W-I-P Inventory-Average outstanding amount : ₹1,08,000 (iii) Finished Goods In
CS Executive · Financial and Strategic Management · PYQS · June 2022
Following financials pertain to ABC Ltd. for the year ended 31/03/2021 : (i) Raw Material Inventory-Average outstanding amount : ₹40,000 (ii) W-I-P Inventory-Average outstanding amount : ₹1,08,000 (iii) Finished Goods Inventory-Average outstanding amount : ₹1,80,000 (iv) Sundry Debtors-Average outstanding amount : ₹2,00,000 (v) Sundry Creditors-Average outstanding amount : ₹1,20,000 (vi) Purchase of Raw Material-Average amount/day : ₹2,400 (vii) Cost of Sales-Average amount/day : ₹3,000 (viii) Sales-Average amount/day : ₹5,000 Operating Cycle of ABC Ltd. is :
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Topics: Financial Management
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