1. Bajaj, manufacturing entity, has the following balances at 30 December, 2016 BD: 792000 Revenues...

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1. Bajaj, manufacturing entity, has the following balances at 30 December, 2016 BD: 792000 Revenues (all credit sales) Cost of sales 600000 200250 Trade receivables Trade payables 54000 Inventories at 30 December, 2015 Finished goods 77000 Evaluate the Bajaj's working capital cycle 2. Evaluate the role of financial markets 3. Write short note on working capital management and current asset management 4. Write the major functions of financial management

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