Can anyone try to solve my problem becoz it had try many times and i am getting it wrong.So please
(i) Trade debtor at the end of the year 90,000
(ii)Trade creditor in beginning of year 25,000
(iii)Trade creditor at the end of the year 45,000
(iv)Net working capital 1,20,000
(v)Stock turnover ratio 5.0 times
(vi)Sales for the year 2007 5,00,000
(vii)Gross profit ratio 20% on the sales
Calculate (a) Purchase (b)Avg collection period