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
- Select the most appropriate synonym of the word in brackets to fill in the blank.
The speaker's voice was so _______ (resonant) that it held the at... Choose the word opposite in meaning to the given word.
Abundant
He reels (A) off a series of allegation (B) , most of which have either been positively discredited (C) or remain wholly unsubstantiated (D) .
...In the following question select the answer pair that expresses a relationship most similar to that expressed in the capitalised pair.
Venerate...
Pragmatist
Choose the word similar in meaning to the given word:
Recalcitrant
Select the most appropriate antonym of the given word.
BehaviouralÂ
Mammoth
- Select the most appropriate synonym of the given word.
Frigid A) Infringe            B) Gallant   C) Obey          D) decay
...
