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Question

Following is the information given by X ltd. for the year ended 31st March, 2021. Particulars Amount (₹)

Sales
Net Profit
Cost of Sales
Long-term Debts
Creditors
Average Inventory
Current Assets
Fixed Assets
Current Liabilities
Net Profit before Interest and Tax
50,40,000
7,20,000
38,40,000
18,00,000
4,00,000
16,00,000
15,20,000
28,80,000
12,00,000

16,00,000














Working capital will be:

[2 marks]

A
₹16,80,000
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B
₹28,80,000
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C
₹12,00,000
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D
₹16,00,000
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Solution

The correct option is A ₹16,80,000
Working Capital = Current Assets - Current Liabilities
= ₹15,20,000 - ₹12,00,000
= ₹3,20,000

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