stock was 30% of sales.
51. From the following information calculate : (a) Debtors' Turnover Ratio ; and (b) Average Collection
Period.
Opening debtors 37,000 ; Closing debtors ? 43,000 ; Sales 6,00,000; Cash sales 80,000.
52 Calculate : (a) Debtors' Turnover Ratio ; and (b) Average Collection Period in terms of months from the
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