Q.73 DK Goel Accounting Ratios Solutions Class 12 CBSE (2024-25)

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the solutions of Question number 73 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)4,80,000
Cash Revenue from Operations : being 20% of Credit Revenue from Operations.
Opening Trade Receivables60,000
Cash Revenue from Operations: being 20% of Credit Revenue from Operations.30,000

[Ans. Trade Receivables Turnover Ratio 5.33 Times.]

Solution:-

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