Cash sales being 25 of credit sales excess of closing


Closing Debtors ?2,00,000. Cash Sales being 25% of Credit Sales. Excess of closing debtors over opening debtors? 80,000. Total sales ?12,00,000. Calculate Debtors Turnover Ratio and Average Collection period.

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Finance Basics: Cash sales being 25 of credit sales excess of closing
Reference No:- TGS01132778

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