Working capital, finance, Other Engineering

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







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
Related Questions
critically analyses the system design process of a project for a light railway link for a city

advantages and disadvantages of cold and hot working

Representations of a linear system The linear system of Section is shown in block diagram To determine the responseof the output of the system y(t) to an input u(t) the initial

What will be the effects of an increase in the money supply on the interest rate? What will be the effects of an increase in real output on the interest rate?

list 10 major project topic in agricultural engineering

Bravis lattice or Bravis crystal system: The ideas of space lattice was introduced by Bravis in 1990.According to this there are 14 possible types of space lattices in the seven ba

The purpose of a cruise control is to keep the velocity of a car constant. The driver drives the car at the desired speed, the cruise control system is activated by pushing a butto

different operating modes of npn transistor

The energy release rate, often denoted by G, is the amount of energy per unit area that is supplied by the elastic energy in the body and loading system in creating a new fracture