From the information given below calculate trade receivables trunover ratio: cred
Channel: Doubtnut
Date: 2020-04-05

From the information given below calculate trade receivables trunover ratio: credit revenue from operation i.e credit sales Rs 800000, opening tarde receivables Rs 120000, and closing trade receivable rs 200000. state giving reason which of the following would increase , decrease or not change trade receivables trunover ratio: (i) collection from trade receivables Rs 40000 (ii) Credit revenue from operations i.e credit sales Rs 80000 (iii) sales return Rs 20000 (iv) credit purchase Rs 160000.