Que. 4 From the following details you are require to make an assessment of the average...
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Que. 4 From the following details you are require to make an assessment of the average amount of working capital requirement of Hindustan Ltd. Particulars Av. Period of Credit Purchase of Materials 6 weeks Estimate for the 1st year 26,00,000 Wages 1.5 Weeks 19,50,000 Overheads: Rent, Rates etc. 6 months 1,00,000 Salaries 1 month 8,00,000 Other overheads 2 months 7,50,000 Sales cash 2,00,000 Credit sales 2 months 60,00,000 Average Amount of stocks 4,00,000 Average amount of undrawn profit 3,00,000 It is to assumed that all expenses and income are made at even rate for the year. Que. 4 From the following details you are require to make an assessment of the average amount of working capital requirement of Hindustan Ltd. Particulars Av. Period of Credit Purchase of Materials 6 weeks Estimate for the 1st year 26,00,000 Wages 1.5 Weeks 19,50,000 Overheads: Rent, Rates etc. 6 months 1,00,000 Salaries 1 month 8,00,000 Other overheads 2 months 7,50,000 Sales cash 2,00,000 Credit sales 2 months 60,00,000 Average Amount of stocks 4,00,000 Average amount of undrawn profit 3,00,000 It is to assumed that all expenses and income are made at even rate for the year.
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