5. 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 1½ 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 expenses and income were made at even rate for the year.

Posted Date: 3/28/2012 2:52:55 PM | Location : United States

Ask an Expert

Related Discussions:- Working capital, finance, Assignment Help, Ask Question on Working capital, finance, Get Answer, Expert's Help, Working capital, finance Discussions

Write discussion on Working capital, finance
Your posts are moderated

Write your message here..

Related Questions

Mechanical engineering, What is the specific heat of water at different pre... What is the specific heat of water at different pressure and different temperature? Is it possible to boil the water below atmospheric pressure and use as a hot bathing water?

Engineering physics(find wavelenth of light), Interference fringes are prod... Interference fringes are produced by fresnel''s biprism in the focal plane of an eyepiece 200 cm away from the slit.Two images of the slit that formed each of the two positions of

True or false, Beta coefficients and standard deviation may be used as indi... Beta coefficients and standard deviation may be used as indicators of risk

Difference between income & expenditure statement, Difference between incom... Difference between income & expenditure statement P&L is to be ready by the Company or Dealing Origination which evolved in Dealing of any commodity or manufacturing of completed e

Fluid mechanics, A body, with a volume of 2m^3, weights 40 kN. Determine it... A body, with a volume of 2m^3, weights 40 kN. Determine its weight when submerged in liquid with S= 1.59.

Finance ass, Let C(K) denote a European vanilla Call option with strike pri... Let C(K) denote a European vanilla Call option with strike price K. Assume that all options are identical except for strike price, and strike prices satisfy (K1) What are the no-

Numerical method, find the newton raphson iterative formula for a reciproca... find the newton raphson iterative formula for a reciprocal of a number N and hence find the value of 1/23.correct to 5 place of decimal

Compressibility fluid -aircraft maintenance, Compressibility Fluid: Com... Compressibility Fluid: Compressible fluid flow refers to the air flow through a gas turbine engine and, because the air is compressible, flow at subsonic speeds causes a change

Engineering physics, when same music is played in veena and violin , we sha... when same music is played in veena and violin , we shall hear the sound of

Types of engine, TYPES OF ENGINE: The internal combustion engines for the ... TYPES OF ENGINE: The internal combustion engines for the automotive use may be classified according to the following considerations: Engine cycle Number of strokes F