Question

Debtors Turnover Ratio =

2

When Credit

Sales are Rs. 3,00,000, Closing Balance of Debtors is Rs. 1,00,000 and Closing Stock of Bills Receivable is RS. 50,000.​

Answer 1

Answer:

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Step-by-step explanation:

$\large \: \red{Debtors \: \: Turnover \: \: Ratio = \\ \large \:\frac{ Net \: \: Credit \: \: Sales }{ Average \: \: Debtors }}$