Question
A firm has the following details: • Raw
material holding: 25 days • WIP: 15 days • Finished goods: 20 days • Receivables: 30 days • Payables: 40 days • Creditors for wages & overheads: 10 days Calculate the net operating cycle (in days), and interpret the working capital implication.Solution
Gross Operating Cycle = RM + WIP + FG + Receivables = 25 + 15 + 20 + 30 = 90 days Less: Payables = 40 + 10 = 50 days Net Operating Cycle = 90 – 50 = 40 daysÂ
As per RBI’s approval (letter dated 22 August 2025), what is the maximum percentage of stake that SMBC can acquire in Yes Bank?
Recently Namsai Declaration- An agreement to reduce the number of disputed village, has been signed between Assam and which state?
What is the primary purpose of the geospatial foundation model unveiled by IBM and NASA?
What is the overall purpose of the partnership between the Ministry of Information & Broadcasting and Amazon India?
Sir Garfield Sobers Trophy has been awarded to _____under ICC Awards 2022.
Who is eligible to benefit from the 'Mukhyamantri Ladli Behna Awas Yojana' in Madhya Pradesh?
How much did SBI agree to receive for selling its 13.19% stake in Yes Bank to SMBC?
Consider the following statements:
1. Hungary has taken over the rotating presidency of the EU Council for six months.
2. One of Hungary's...
India renewed its agreement with Pakistan in October 2024 to maintain access to which Sikh pilgrimage site?
Consider the following statements with reference to the New Development Bank:
            I.           The New Developme...