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 :
1,00,000You need to login to perform this action.
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