12th Class
Accountancy
Accounting Ratios
Question Bank
MCQs - Accounting Ratios
question_answer
A firm made Revenue from Operations is Rs.10,00,000 during the year. Cash revenue from operation is 25% of credit revenue from operation; Trade receivables turnover ratio is 5 times, closing trade receivables are 1/4th of opening trade receivables. Closing trade receivable will be: