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Commerce · Q703

Business Finance

Graduate and Post Graduate · Commerce · question 703

Q703

The following equation helps us in finding working capital?

A.
C - (O.C/number of working days in the period) × COGS
B.
D - (O.C/number of working days in the period) × COGS
C.
C × (O.C/number of working days in the period) × COGS
D.
C + (O.C/number of working days in the period) × COGS
Answer

Answer: Option D

Solution

Answer: Option D
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