A firm's debtor days remain constant at 60
days, but the sales increases from 960 to
1200 lakhs between 2 consecutuve years.
What will be the increase in debtors in the
2nd year as compared to 1st year?
No increase in debtors as the debtors days are
same.
O Increase Rs 40 lakhs
O Increase Rs 240 lakhs
Increase Rs 80 lakhs
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Answer:
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Explanation:
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