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From the following information, extracted from the books of a manufacturing company, compute the operating cycle in days and the amount of working capital

 

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: Period covered Average period of credit allowed by suppliers Average Total of Debtors Outstanding Raw Material Consumption cost Total production Cost Total cost of sales Sales for the year Value of Average stock maintained: Raw Material Work-in-progress Finished goods 365 days 16 days (Rs. in '000) 480 4,400 10,000 10,500 16,000 320 350 260

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