Question

The following balances are available for a company: Cash: ₹5L, Inventory: ₹12L, Debtors: ₹10L, Short-term investments: ₹3L Accounts payable: ₹8L, Short-term loans: ₹4L Calculate: (i) Gross working capital and (ii) Net working capital

A ₹30L and ₹18L
B ₹28L and ₹16L
C ₹30L and ₹16L
D ₹25L and ₹12L
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