Compute Trade Receivables Turnover Ratio from the following:
Compute Trade Receivables Turnover Ratio from the following:
[Ans.: 31st March, 2022 = 8 Times; 31st March, 2023 = 7 Times.]
| 31st March, 2022 (₹) | 31st March, 2023 (₹) | |
| Revenue from Operations (Net Sales) | 8,00,000 | 7,00,000 |
| Debtors in the beginning of year | 83,000 | 1,17,000 |
| Debtors at the end of year | 1,17,000 | 83,000 |
| Sales Return | 1,00,000 | 50,000 |
Anurag Pathak Changed status to publish August 14, 2023
