Q.71 DK Goel Accounting Ratios Solutions Class 12 CBSE (2024-25)
the solutions of Question number 71 of Accounting Ratios chapter 5 of DK Goel Class 12 CBSE (2024-25)
Calculate Trade Receivables Turnover Ratio from the following:-
₹ | |
Cash Revenue from Operations (Cash Sales) | 3,40,000 |
Credit Revenue from Operations (Credit Sales) | 6,00,000 |
Opening Trade Receivables | 75,000 |
Closing Trade Receivables | 1,25,000 |
[Ans. Trade Receivables Turnover Ratio 6 Times.]
Solution:-