Question

10. Determine debtors turnover ratio if, closing debtors is Rs.40000, cash sales

is 25% of credit sales and excess of closing debtors over opening debtors is

Rs 20000.

a) 4 times b) 2 times c) 6 times d) 8 times​

Answer 1

Answer:

2 times your answer is b)

Answer 2

Answer:

B) 2 times

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