MANAGEMENT OF WORKING CAPITAL
CHAPTER 11: MANAGEMENT OF WORKING CAPITAL Question No.1 – November 2016 Following information relates to ABC company for the year2016: (i) Projected sales (in lakhs) Month August September October November December Sale 35 40 40 45 46 (ii) Gross profit margin will be 20% on sale. (iii) 10% of projected sale will be cash […]
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