Q.72 DK Goel Accounting Ratios Solutions Class 12 CBSE (2024-25)
the solutions of Question number 72 of Accounting Ratios chapter 5 of DK Goel Class 12 CBSE (2024-25)
Calculate Trade Receivables Turnover Ratio from the following:-
| ₹ | |
| Total Revenue from Operations for the year (Total Sales) | 12,00,000 |
| Credit Revenue from Operations (Credit Sales): 70% of Total Revenue from Operations | |
| Revenue from Operations Returns (Sales Returns) (Out of Credit Revenue from Operations) | 40,000 |
| Opening Trade Receivables | 73,250 |
| Closing Trade Receivables | 86,750 |
[Ans. Trade Receivables Turnover Ratio 10 Times.]
Solution:-
