Q.71 DK Goel Accounting Ratios Solutions Class 12 CBSE (2024-25)

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the solutions of Question number 71 of Accounting Ratios chapter 5 of DK Goel Class 12 CBSE (2024-25)

Calculate Trade Receivables Turnover Ratio from the following:-

Cash Revenue from Operations (Cash Sales)3,40,000
Credit Revenue from Operations (Credit Sales)6,00,000
Opening Trade Receivables75,000
Closing Trade Receivables1,25,000

[Ans. Trade Receivables Turnover Ratio 6 Times.]

Solution:-

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