From the following information extracted from the books of a manufacturing company , compute the...
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Accounting
From the following information extracted from the books of a manufacturing company compute the operating cycle in days and the amount of working capital required assuming total operating cost is equal to cost of sales
Average Total of Debtors Outstanding
Raw Material consumption
Total production cost
Total cost of sales
sales for the year
Value of Average Stock Maintained :
Raw material
Workinprogress
Finished goods
Average period of credit allowed by suppliers in days
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