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Calculate the cash cycle using the following information (360 days.) Also, 30% sales are on...

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Finance

Calculate the cash cycle using the following information (360 days.) Also, 30% sales are on credit and 80% purchases are on credit.

Opening Balance
Raw Material 4,00,000
WIP 80,000
Finishes Goods 6,00,000
Debtors 2,50,000
Creditors 5,60,000
Closing Balances
Raw Materia 5,00,000
WIP 70,000
Finishes Goods 7,25,000
Debtors 3,15,000
Creditors 6,25,000
Costs Incurred during the year
Manufacturing Costs 10,45,000
Excise Duty 8,50,000
Selling and Distribution Expenses 4,20,000
Admin. Overhead 3,00,000
Total Sale 4,20,00,500
Total Purchase 3,23,00,000

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