can anyone tell me...
When We calculate debtors In estimation of Working capital...
sometime we calculate on the basis of COP and sometimes on the basis of Sales...
How????
4 Replies
CA Rashmi Gandhi
(Chartered Accountant)
(86495 Points)
Replied 08 April 2018
We calculate it on cost of production generally but when specifically given then only use sales price.
Dhruv Pancholi
(Ca)
(137 Points)
Replied 08 April 2018
Working capital is calculated on Cost of production
COP = sales - gross profit
But in some cases WC can be calculated on Sales where we don't know about Gross profit.
COP = sales - gross profit
But in some cases WC can be calculated on Sales where we don't know about Gross profit.
CA Rashmi Gandhi
(Chartered Accountant)
(86495 Points)
Replied 08 April 2018
Welcome Tech2abhi. Its my pleasure
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