Question: Work in Progress [with 100% material consumption and 50% for labour and overheads] will he in process for just 1 week Finished Goods are to

Work in Progress [with 100% material consumption and 50% for labour and overheads] will he in process for just 1 week Finished Goods are to stay in the warehouse for 3 weeks Customers are granted a credit of 6 weeks Creditors allow credit for 4 weeks 20% of the sales are on cash basis and 111% margin is kept for contingencies. Assuming 52 weeks in a year1 work out the working capital requirements of the company. \f

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