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
