| Ridhi Ltd. has provided the following information: |
| Credit Revenue from operation: 3,00,000 . |
| Cash Revenue from operation: 25 % of total revenue from operation |
| Total purchases during the year: 2,40,000 |
| Cash purchase: 20% of Credit purchase |
| Excess of closing inventory over opening inventory: 10,000 |
| Carriage Inward: 20,000 |
| Trade receivable turnover ratio: 15 times |
| Opening debtor was 1/3rd of closing debtor |
| Average trade payable: 50,000 |
| Cash Revenue of the company will be |
A) 3,00,000
B) 4,00,000
C) 2,00,000
D) 1,00,000
Correct Answer: D
Solution :
1,00,000
You need to login to perform this action.
You will be redirected in
3 sec
