Q. 85 DK Goel Accounting Ratios Solutions Class 12 CBSE (2024-25)

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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.

Debtors54,00,000
Creditors20,00,000
Revenue from Operations (Sales)5,25,00,000
Bills Payable5,00,000
Bills Receivables6,00,000
Purchases3,15,00,000

[Ans. (i) 8.75 times; (ii) 12.6 times.]

Solution:-

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