The following are the figures on the basis of which you have to compute the length of the gross operating cycle and net operating cycle: raw material inventory–Rs 9,00,000; raw material consumption–Rs 45,00,000; work in-process inventory–Rs 3,50,000; cost of production–Rs 51,00,000; finished goods inventory–Rs 6,00,000; cost of goods sold–Rs 52,00,000; credit sales–Rs 48,00,000; and debtors–Rs 7,00,000, creditors–Rs 9,00,000; and credit purchases–Rs 45,00,000.
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