Working capital, finance, Other Engineering

Assignment Help:
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.

Related Discussions:- Working capital, finance

Explain the concept of postmodernism in detail, Question 1 Write a long no...

Question 1 Write a long note on Professional Cultures in a ‘Golden Age' Question 2 Write a long note on the Global and Local Interrelationship Question 3 Write a long no

Cisco, how can i operate cisco switches without packet tracer?

how can i operate cisco switches without packet tracer?

Casting alloys, Casting Alloys are -             (i) Permanent moulds...

Casting Alloys are -             (i) Permanent moulds are commonly used for the casting of grey iron, aluminum alloys and magnesium alloys.             (ii) Slush Casting

Difference between elastic and plastic deformation, Q. State difference bet...

Q. State difference between elastic and plastic deformation. Ans. Elastic deformation: Elastic deformation is that the part of the deformed material, when the applied load is

Sprag clutch - aircraft engine, Sprag Clutch : Sprag clutches are used ...

Sprag Clutch : Sprag clutches are used to provide the disconnect mechanism between the starter motor and the engine. The clutch will transmit drive from the starter motor, but

Unit operations , Can you guys Solve Unit Operations Problems in Chemical e...

Can you guys Solve Unit Operations Problems in Chemical engineering

Outcomes of the fra - fire protection engineering, Outcomes of the FRA: ...

Outcomes of the FRA: When interpreting the outcomes of the FRA, NFPA 551 states that there are two ways in which the situation can be assessed to determine if it is acceptable

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd