1. From the following information, calculate the creditors Turnover Ratio and Average payment period (in month)
2016(Rs)
Total purchase
480000
Cash purchase
90000
Purchase Return
30000
Creditors Opening
30000
Creditors Closing
42000
Trade Payable opening
27000
Trade payable closing
21000
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India has the unique distinction of having six recognized systems of medicine in this category. They are-Ayurveda, Siddha, Unani and Yoga, Naturopathy and Homoeopathy.
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