12th Class Accountancy Accounting Ratios Question Bank MCQs - Accounting Ratios

  • question_answer
    Total Revenue from Operations for the year 4,00,000; Cash Revenue from Operations is 20% of Total Revenue from Operations ; Average trade receivable = 25000. Trade Receivables Turnover Ratio will be :

    A) 12.8 times

    B) 16 times

    C) 19.2 times

    D) 5 times

    Correct Answer: A

    Solution :

    12.8 times

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