Question

b)
From the following information, find out
(i) Sales (ii) Closing stock
ratio 25%
Debtors turnover ratio 4 months
Stock turnover ratio 4 times
Creditors turnover ratio 6 months
Closing stock is 10,000/ more than the
opening stock. Bills receivables amount to
65,000/ and bills payable to 80,000/. Cash of
goods sold for the year is 9,00,000.
6
vu
SO
9​

Answer 1

Answer:

From the following information, find out

(i) Sales (ii) Closing stock

ratio 25%

Debtors turnover ratio 4 months

Stock turnover ratio 4 times

Creditors turnover ratio 6 months

Closing stock is 10,000/ more than the

opening stock. Bills receivables amount to

65,000/ and bills payable to 80,000/. Cash of

goods sold for the year is 9,00,000.

6

vu

SO

9