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working capital, Basic Statistics
prepare an estimate of working capital requirements from the following information
1. project annual sales 1,00000/-
2. selling price Rs. 8/unit
3.percentage of net profit on sales 25%
4. average credit period allowed by suppliers 4 weeks
5. average credit period allowed by customers 8 weeks
6. average stock holding in terms of sales requirement 12 weeks
7. allow 10 per cent for contigencies
Posted Date: 4/17/2012 1:44:20 AM | Location : United States
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