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Closing Trade Receivables ₹ 1,00,000; Cash Sales being 25% of Credit Sales; Excess of Closing Trade Receivables over Opening Trade Receivables ₹ 40,000; Revenue from Operations, i.e., Net Sales ₹ 6,00,000. Calculate Trade Receivables Turnover Ratio.

[Ans.: Trade Receivables Turnover Ratio = 6 Times.]

Anurag Pathak Changed status to publish August 14, 2023
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