Q. On the basis of the following information. Calculate (i) Trade receivables turnover ratio. (ii) Average collection period. (iii) Trade payables turnover ratio and (iv) Average payment ratio
Particulars | Amount |
Debtors | 54,00,000 |
Creditors | 20,00,000 |
Revenue from operations | 5,25,00,000 |
Bills Payable | 8,00,000 |
Bills Receivables | 6,00,000 |
Purchases | 3,15,000 |