From the following data, compute the duration of the net operating cycle:
XYZ Ltd.
Stock:
Raw Materials
40,000
Work-in-progress
28,000
Finished Goods
42,000
Purchases
192,000
Cost of Goods Sold
280,000
Sales
320,000
Debtors
64,000
Creditors
32,000
Assume 365 days per year for computational purposes.
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
(Save $1 )
One time Pay
(Save $5 )
Billed Monthly
*First month only
You can see the logs in the Dashboard.
