Q. 177 DK Goel Accounting Ratios Solutions Class 12 CBSE (2024-25)
the solutions of Question number 177 of Accounting Ratios chapter 5 of DK Goel Class 12 CBSE (2024-25)
From the following information, calculate Trade Receivables Turnover Ratio:-
₹ | |
Opening Trade Receivables | 37,000 |
Closing Trade Receivables | 43,000 |
Revenue from Operations (Sales) | 6,00,000 |
Cash Revenue from Operations (Cash Sales) | 80,000 |
[Ans. Trade Receivables Turnover Ratio 13 Times.]
Solution:-