Q. 85 DK Goel Accounting Ratios Solutions Class 12 CBSE (2024-25)
the solutions of Question number 85 of Accounting Ratios chapter 5 of DK Goel Class 12 CBSE (2024-25)
On the basis of the following information calculate (i) Trade Receivables Turnover Ratio; and (ii) Trade Payables Turnover Ratio.
| ₹ | |
| Debtors | 54,00,000 |
| Creditors | 20,00,000 |
| Revenue from Operations (Sales) | 5,25,00,000 |
| Bills Payable | 5,00,000 |
| Bills Receivables | 6,00,000 |
| Purchases | 3,15,00,000 |
[Ans. (i) 8.75 times; (ii) 12.6 times.]
Solution:-
