Calculate amount of Opening Trade Receivables and Closing Trade Receivables from the following Trade Receivables Turnover Ratio 4 Times
Calculate amount of Opening Trade Receivables and Closing Trade Receivables from the following:
| Trade Receivables Turnover Ratio | 4 Times |
| Cost of Revenue from Operations (Cost of Goods Sold) | 10,00,000 |
| Gross Profit Ratio | 20% |
Closing Trade Receivables were ₹ 40,000 more than the opening
Cash Sales being 1/3rd of Credit Sales
Anurag Pathak Changed status to publish March 12, 2024
