48. From the following data compute the duration of the operating cycle for each of the two years and comment on increase or decrease. Rs. thousands year 1 year2 stocks : raw material 20 27 work-in process 14 18 finished goods 21 24 purchases 96 135 cost of goods sold 140 180 sales 160 200 debtors 32 50 creditors 16 18 Assume 360 days per year for computational purpose.

48. From the following data compute the duration of the operating cycle for each of the two years and comment on increase or decrease. Rs. thousands year 1 year2 stocks : raw material 20 27 work-in process 14 18 finished goods 21 24 purchases 96 135 cost of goods sold 140 180 sales 160 200 debtors 32 50 creditors 16 18 Assume 360 days per year for computational purpose.

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter13: Budgeting And Standard Costs

Section: Chapter Questions

Problem 13.6.1MBA: Utilization rate Delta Air Lines (DAL) reported the following data (in millions) for three recent...

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