calculate debtors turnover ratio total sales-1025000, cash sales-125000, sales returns 100000,opening debtors 83000and closing debtors 117000
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here's the solution. hope it helps
Explanation:
first of all you have to calculate credit sales which is very easy because the question already gave you total sales and cash sales. then you have to calculate average debtors then just divide credit sales by average debtors.
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