The annual figures of Alpha Ltd are as follows:(i) Sales at home, at 1 month credit rs 1200000. Exportat 3 months credit ,SP 10% below the home price rs 540000. Materials used supliers extend 2 months credit rs 450000. Wages paid hakf mobth in arrears rs 360000. Manufacturing expenses paid 1 month in arrears rs 540000. Depreciation on fixed assets rs 60000. Administrative expenses paid one month arrear rs 120000.sales promotion expenses payable quarterly in advance 60000. Alpha ltd sekks goods in the domestic market on a GP of 25%.it keeps 1 month stock of raw materials as well as finished product and believes in keeping rs 100000 available to it. You r required to calculate working capital reqyirement of the co. Assuming 15% safety margin
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I don't know bye!!!
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