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Opening trade receivables rs 10,000; Total …

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Opening trade receivables rs 10,000; Total revenue from operations rs 4,00,000; Cash revenue from operations being 2/5th of total revenue from operations; Revenue from operations return rs 60,000 (1/3rd out of cash revenue from operations); Closing trade receivables were four times than that in the beginning. Calculate Trade Receivables Turnover Ratio and Average Collection Period.

Posted by Karishma Mohata 1 year, 7 months ago

CBSE > Class 12 > Accountancy

2 answers

Mehak Jain 1 year, 7 months ago

8 times is correct

Mehak Jain 5 years, 2 months ago

5 times

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