RG Limited has estimated that number of operating cycle in year 2025-26 will be 3. The amount of working capital required after taking an estimated…

RG Limited has estimated that number of operating cycle in year 2025-26 will be 3. The amount of working capital required after taking an estimated 5% unforeseen contingency is 1,01,850. Other information is as under: Opening stock of Finished goods is 31,100 and the closing stock will be lesser by - 4,200 from the opening stock. Opening stock of Raw Material is 24,450 and Closing stock of Raw material will be - 28,200. Opening stock of Work in Progress is 20,500 and Closing stock of Work in Progress will be more by - 1,800 from the Opening stock. Wages and Manufacturing expenses during the year will be - 1,12,800. Selling and Distribution expenses during the year will be - 30,000. Average Creditors for the year is 26,170. All Purchases will be done on credit basis only. Assume a 360 days year. Using above information, you are required to answer the following questions 1 to 5: