Q.73 DK Goel Accounting Ratios Solutions Class 12 CBSE (2024-25)
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 Receivables | 60,000 |
Cash Revenue from Operations: being 20% of Credit Revenue from Operations. | 30,000 |
[Ans. Trade Receivables Turnover Ratio 5.33 Times.]
Solution:-