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Answer to Question #44743 in Management for angelina
Question #44743
The following information relates to mafuta safi limited
SHs. ''000''
purchase of raw materials 6,700
usage of raw materials 6,500
sale on finished goods(all on credit) 25,000
cost of sale(finished good) 18,000
average creditors 1,400
average raw material stock 1,200
average work in progress 1,000
average finished goods stock 2,100
average debtors 4,700
assume a 365 day year
REQUIRED
a)The length of the operating cycle (12marks)
SHs. ''000''
purchase of raw materials 6,700
usage of raw materials 6,500
sale on finished goods(all on credit) 25,000
cost of sale(finished good) 18,000
average creditors 1,400
average raw material stock 1,200
average work in progress 1,000
average finished goods stock 2,100
average debtors 4,700
assume a 365 day year
REQUIRED
a)The length of the operating cycle (12marks)
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