document.write( "Question 300729: XYZ Ltd. plans to sell 30,000 units next year. The expected cost of goods sold is as follows:
\n" ); document.write( " (Rs. per unit)
\n" ); document.write( "Raw material
\n" ); document.write( "Manufacturing expenses
\n" ); document.write( "Selling, administration & financial Exp.
\n" ); document.write( "Selling price 100
\n" ); document.write( "30
\n" ); document.write( "20
\n" ); document.write( "200\r
\n" ); document.write( "\n" ); document.write( " The duration at various stages of the operating cycle is expected to be as follows:\r
\n" ); document.write( "\n" ); document.write( "Raw materials stage
\n" ); document.write( "Work-in-process stage
\n" ); document.write( "Finished goods stage
\n" ); document.write( "Debtors stage 2 months
\n" ); document.write( "1 month
\n" ); document.write( "½ month
\n" ); document.write( "1 month
\n" ); document.write( "
\n" ); document.write( " You are required to:
\n" ); document.write( "(i) calculate the investment in various current assets, and
\n" ); document.write( "(ii) estimate the gross working capital requirement if the desired cash balance is 5% of the gross working capital requirements.\r
\n" ); document.write( "\n" ); document.write( "Assume the monthly sales level of 2,500 units.
\n" ); document.write( " \n" ); document.write( "

Algebra.Com's Answer #215738 by stanbon(75887) $\"\"$ $\"About$

You can put this solution on YOUR website!
duplicate posting \n" ); document.write( "

\n" );