From the following data, compute the duration of the net operating cycle: ...
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Accounting
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.
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