b)From the following particulars of a manufacturing company, compute the operating cycle in days: Period covered 365 days Average period of credit allowed by creditors 10 days Average debtors Rs.6,00,000 Raw materials consumed Rs.48,00,000 Cost of production Rs.1,20,00,000 Cost of finished goods sold Rs.1,50,00,000 Sales Rs.1,80,00,000 Value of average stock maintained: Raw materials Work in-progress Finished goods Rs.4,00,000 Rs.3,00,000 Rs.5,00,000
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