Calculate the Gross and the Net Operating Cycle for Vishal & Co. Ltd. using thefollowing...
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Accounting
Calculate the Gross and the Net Operating Cycle for Vishal & Co. Ltd. using thefollowing information. (Assume 360 days in a year). Amt. in Rs. Opening Balances Raw Material 200,000 WIP 60,000 Finished Goods 600,000 Debtors 250,000 Creditors 550,000 Closing Balances Raw Material 300,000 WIP 65,000 Finished Goods 725,000 Debtors 215,000 Creditors 575,000 Annual Purchase of Raw Material 3,200,000 Manufacturing Expenses 550,000 Selling & Distribution Costs 300,000 Sales 4,480,000
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