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

Hi, 
The calculation is correct. 
​Regards

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