madisonspangler81701 madisonspangler81701
  • 26-03-2024
  • Business
contestada

From the following information obtained from the books of Raja Ltd. calculate:
(i) Trade Receivables Turnover Ratio, and
(ii) Trade Payables Turnover Ratio.
Information:
Revenue from Operations 15,00,000
Creditors 2,00,000
Bills Receivable 79,000
Bills Payable 87,000
Debitors 2,21,000
Purchases 11,48,000​

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