₹ 1,75,000 is the Credit Revenue from Operations, i.e., Net Credit Sales of an enterprise. If Trade Receivables Turnover Ratio is 8 times
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Calculate Trade Receivables Turnover Ratio in each of the following alternative cases: Net Credit Sales ₹ 4,00,000; Average Trade Receivables ₹ 1,00,000
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Mercury Ltd. made Credit Sales of ₹ 4,00,000 during the financial period. If the collection period is 36 days and year is assumed to be 360 days, calculate:
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A firm normally has trade Receivables equal to two months’ Credit Sales. During the coming year it expects Credit Sales of ₹ 7,20,000 spread evenly over the year (12 months). What is the estimated amount of Trade Receivbles at the end of the year?
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Closing Trade Receivables ₹ 4,00,000; Cash Sales being 25% of Credit Sales; Excess of Closing Trade Receivables over Opening Trade Receivables ₹ 2,00,000
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Closing Trade Receivables ₹ 1,20,000, Revenue from Operations ₹ 14,40,000. Provision for Doubtful Debts ₹ 20,000. Calculate Trade Receivables Turnover Ratio.
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Compute Trade Receivables Turnover Ratio from the following:
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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.
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Closing Trade Receivables ₹ 90,000, Revenue from Operations ₹ 7,20,000, Cash Revenue from Operations ₹ 1,80,000. Provision for Doubtful Debts ₹ 8,000. Calculate Trade Receivables Turnover Ratio.
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Calculate Trade Receivables Turnover Ratio from the following information:
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