Q.74 DK Goel Accounting Ratios Solutions Class 12 CBSE (2024-25)

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the solutions of Question number 74 of Accounting Ratios chapter 5 of DK Goel Class 12 CBSE (2024-25)

Calculate Trade Receivables Turnover Ratio from the following figures:-

Total Revenue from Operations (Total Sales)10,00,000
Cash Revenue from Operations (Cash Sales)1,50,000
Revenue from Operations Return (Sales Returns)10,000
Opening Debtors50,000
Opening B/R10,000
Closing Debtors60,000
Closing B/R20,000

[Ans. Trade Receivables Turnover Ratio 12 Times.]

Solution:-

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