30-03-2014, 03:50 AM
Particulars Average period of credit Estimate for the Ist year
Rs.
Purchase of Material 6 weeks 26,00,000
Wages 1 ½ weeks 19,50,000
Overheads:
Rent, Rates, etc. 6 months 1,00,000
Salaries 1 months 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 stocks and works-in-progress 4,00,000
Average amount of undrawn profit 3,00,000
Rs.
Purchase of Material 6 weeks 26,00,000
Wages 1 ½ weeks 19,50,000
Overheads:
Rent, Rates, etc. 6 months 1,00,000
Salaries 1 months 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 stocks and works-in-progress 4,00,000
Average amount of undrawn profit 3,00,000