From the following information, calculate:-
(i)Debtors Turnover Ratio
Sales ₹8,75,000
Bills Receivable ₹48,000
Purchases ₹4,20,000
Creditors ₹90,000
Bills Payable ₹52,000
Debtors ₹59,000
(Ans. (i)8.18 times)
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