From the following data, compute the duration of the operating cycle for each of years: Yearl R) Year 21 20.000 14,000 S
Posted: Tue Nov 16, 2021 8:14 am
From the following data, compute the duration of the operating cycle for each of years: Yearl R) Year 21 20.000 14,000 Stock: Raw materials Work-in-progress Finished goods Purchases Cost of goods sold Sales 27.000 18.000 24,000 1,35,000 21,000 96,000 1,40,000 1,60,000 32,000 16,000 1,80.000 2,00.000 50,000 18.000 Debtors Creditors Assume 360 days per year for computational purposes.