Calculate the operating cycle and cost for firm X from the following data. Operating...

50.1K

Verified Solution

Question

Finance

Calculate the operating cycle and cost for firm X from the following data.

Operating expenditure Rs.5 Lakhs

No of days

Inventory raw materials 85

Work-in-Progress 40

Semi-finished goods 16

Credit given to customers 30

Credit allowed by suppliers 23

No of days in a year 365

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students