You are supplied with the following information from the records of Anand Prabhat Ltd. for the...

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You are supplied with the following information from the records of Anand Prabhat Ltd. for the year ending March 31, 2016. (i) Trade receivabes at the end of the year (ii) Trade payables in the beginning of the year (iii) Trade payables at the end of the year (iv) Net working capital (v) Inventory turnover ratio (vi) Inventory for the year 2016 (vii) Gross profit ratio. Calculate: (a) Average Inventory (c) Average Payment Period (e) Payables Turnover Ratio (b) Purchases (d) Average Collection Period Working Capital Turnover Ratio. 90,000 25,000 45,000 1,20,000 5.0 times 5,00,000 20% on sales You are supplied with the following information from the records of Anand Prabhat Ltd. for the year ending March 31, 2016. (i) Trade receivabes at the end of the year (ii) Trade payables in the beginning of the year (iii) Trade payables at the end of the year (iv) Net working capital (v) Inventory turnover ratio (vi) Inventory for the year 2016 (vii) Gross profit ratio. Calculate: (a) Average Inventory (c) Average Payment Period (e) Payables Turnover Ratio (b) Purchases (d) Average Collection Period Working Capital Turnover Ratio. 90,000 25,000 45,000 1,20,000 5.0 times 5,00,000 20% on sales

Answer rating: 100% (QA)

Based on the information provided we can calculate the following a Average Inventory Average Invento... View the full answer