Question: BANG Limited are the manufacturer of interior doors. An analysis of some key data from its two recent financial accounts shows the following: 000 2022

BANG Limited are the manufacturer of interior doors. An analysis of some key data from its two recent financial accounts shows the following:

€’000

2022

2021

Sales

6,500

7,900

Cost of Sales

4,200

5,100

Gross Profit

2,300

2,800

Purchases

1,800

2,750

Inventory

280

300

Receivables

190

350

Payables

You are required to:

250

190

1: What is the inventory days for Bang for 2022. (numbers only)

2: What is the inventory days for Bang for 2021.

3: What is the receivable days for Bang for 2022.

4: What is the receivable days for Bang for 2021.

5: What is the payables days for Bang for 2022

6: What is the payables days forBang for 2021

7: What is the working capital cycle for 2022?

8: What is the working capital cycle for 2021?

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