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  3. calculate the operating cycle and cost for firm x

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

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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

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