Business Studies, asked by 194031120, 20 hours ago

Kannan Ltd., expects its cost of goods sold for
the next year to be ` 25,00,000. The expected
operating cycle is 90 days.
The company’s policy is to carry a minimum
cash balance of ` 1,85,000. Estimate the working
capital requirement. Assume 360 days in a year.

Answers

Answered by qwert0820

0

Answer:

a) 25,00,000

Explanation:

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