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How to calculate trade receivable turnover …

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How to calculate trade receivable turnover ratio of this question? Credit sales- 2880000 Gross debtors- 570000 Bills receivable- 150000 Provision for debts- 30000

Posted by Aastha Tiwari 6 years, 9 months ago

CBSE > Class 12 > Accountancy

3 answers

Hero Time 6 years, 9 months ago

288k/72k=4times

Ashish Kumar 6 years, 9 months ago

2880000/570000+150000 Because we don't less provision while calculating TRTR and when opening receivables not given then we consider closing as average

Ravi Rajput 6 years, 9 months ago

8 times

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