What is the formula of accounting ratio class 12
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Working Capital Ratios
S. No. RATIOS FORMULAS
1 Inventory Ratio Net Sales / Inventory
2 Debtors Turnover Ratio Total Sales / Account Receivables
3 Debt Collection Ratio Receivables x Months or days in a year / Net Credit Sales for the year
4 Creditors Turnover Ratio Net Credit Purchases / Average Accounts Payable
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