Using your phone's internet browser
go to:  qna.rediff.com
Click and drag this link to
the Home icon in your browser.
Q.

1. From the following details you are required to make an assessment of the average amount of working capital requirement of Hindustan Ltd.
Particulars Average period of credit Estimate for the 1st year (Rs.)
Purchase of material 6 weeks 26,00,000
Wages 1 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 stock and work-in-progress 4,00,000
Average amount of undrawn profit 3,00,000
It is to be assumed that all exp

Tags: money, relationships, entertainment
Asked by jitendra, 20 Mar '12 02:29 pm
  Invite a friend  |  
  Save  |  
 Earn 10 points for answering
Answer this question  Earn 10 points for answering    
4000 characters remaining  
  
    
Keep me signed inNew User? Sign up

Answers (1)

1.

1
Answered by Gurdeep, 23 Mar '12 02:57 pm

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received

Ask a Question

Get answers from the community

600 characters remaining

Related Answer

Q.
A

1. Your Curriculum Vitae should enable the person screening a pile of them to quickly ascertain the salient points that will decide whether you are a ..more

Answered by Nauty