ACCOUNTING RATIOS T.S.GREWAL CH-3 (TRADE RECEIVABLES TURNOVER RATIO) Que No-106 Class-12 Accounts скачать в хорошем качестве

ACCOUNTING RATIOS T.S.GREWAL CH-3 (TRADE RECEIVABLES TURNOVER RATIO) Que No-106 Class-12 Accounts

ACCOUNTING RATIOS T.S.GREWAL CH-3 (TRADE RECEIVABLES TURNOVER RATIO) Que No-106 Class-12 Accounts Session 2023-24 Calculate Trade Receivables Turnover Ratio in each of the following alternative cases: Case 1: Net Credit Sales 4,00,000; Average Trade Receivables 1,00,000. Case 2: Revenue from Operations (Net Sales) 30,00,000; Cash Revenue from Operations, i.e., Cash Sales 6,00,000; Opening Trade Receivables 2,00,000; Closing Trade Receivables 6,00,000. Case 3: Cost of Revenue from Operations or Cost of Goods Sold 3,00,000; Gross Profit on Cost 25%; Cash Sales 20% of Total Sales; Opening Trade Receivables ₹ 50,000; Closing Trade Receivables 1,00,000. Case 4: Cost of Revenue from Operations or Cost of Goods Sold 4,50,000; Gross Profit on Sales. 20%; Cash Sales 25% of Net Credit Sales, Opening Trade Receivables 90,000; Closing Trade Receivables 60,000. [Ans.: Case 1: Trade Receivables Turnover Ratio 4 Times; Case 2: Trade Receivables Turnover Ratio = 6 Times; Case 3: Trade Receivables Turnover Ratio 4 Times; Case 4: Trade Receivables Turnover Ratio = 6 Times] #msacademyaccounts #tsgrewal2023 #accountancy #accounts #accountingratios #tradereceivableturnoverratio