Accountancy, asked by vatsalchandarana45, 3 months ago

what is the formula for finding Debtors turnover ratio

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Answered by rajansh9796

Ideally, a company compares its debtors turnover ratio with the companies that have similar business operations and revenue and lie within the same industry The formula to compute Debtors Turnover Ratio is: Debtors Turnover Ratio = Net Credit Sales/Average Account Receivable.

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