From the given information- calculate Debtors turnover ratio- Ans- 9-4 times-Reserve from operation - Rs- 3-00-000-Closing Stock nbsp- nbsp- nbsp- nbsp- nbsp- nbsp- nbsp- nbsp- Rs- 2-40-000-Gross Profit nbsp- nbsp- nbsp- nbsp- nbsp- nbsp- nbsp- nbsp- nbsp- - Rs- nbsp- nbsp-60-000-Opening Stock nbsp- nbsp- nbsp- nbsp- nbsp- nbsp- nbsp- Rs- nbsp- nbsp-58-000-Debtors nbsp- nbsp- nbsp- nbsp- nbsp- nbsp- nbsp- nbsp- nbsp- nbsp- nbsp- nbsp- - Rs- nbsp- nbsp-32-000- nbsp-

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Byju's Answer

Standard XII

Accountancy

Need for Cash Flow Statement

From the give...

Question

From the given information, calculate Debtors turnover ratio. Ans- 9.4 times

Reserve from operation : Rs. 3,00,000
Closing Stock : Rs. 2,40,000
Gross Profit : Rs. 60,000
Opening Stock : Rs. 58,000
Debtors : Rs. 32,000

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Solution

Dear student,

Debtor Turnover ratio = Credit sales / Average Debtors

Debtor Turnover ratio = 300000 / 32000

Debtor Turnover ratio = 9.375 or 9.4 times

Regards

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From the given information, calculate Debtors turnover ratio. Ans- 9.4 times Reserve from operation : Rs. 3,00,000 Closing Stock : Rs. 2,40,000 Gross Profit : Rs. 60,000 Opening Stock : Rs. 58,000 Debtors : Rs. 32,000

Dear student, Debtor Turnover ratio = Credit sales / Average Debtors Debtor Turnover ratio = 300000 / 32000 Debtor Turnover ratio = 9.375 or 9.4 times Regards

From the given information, calculate Debtors turnover ratio. Ans- 9.4 times

Reserve from operation : Rs. 3,00,000
Closing Stock : Rs. 2,40,000
Gross Profit : Rs. 60,000
Opening Stock : Rs. 58,000
Debtors : Rs. 32,000

Dear student,

Debtor Turnover ratio = Credit sales / Average Debtors

Debtor Turnover ratio = 300000 / 32000

Debtor Turnover ratio = 9.375 or 9.4 times

Regards