Home
Class 12
ACCOUNTS
Calculate Trade Receivables trunover rat...

Calculate Trade Receivables trunover ratio from the following: ,Rs

Text Solution

Verified by Experts

Trade Receivables Turnover Ratio
=`("Credit Revenue from operations(Net credit sales)")/("Average debtors") =(Rs 160000(wn 1))/(Rs 45000(wn 2))=3.56` Times
Promotional Banner

Topper's Solved these Questions

  • ACCOUNTING RATIOS

    TS GREWAL|Exercise Evaluation Questions|13 Videos
  • ACCOUNTING RATIOS

    TS GREWAL|Exercise Exercise|147 Videos
  • ACCOUNTING FOR PARTNERSHIP FIRMS-FUNDAMENTALS

    TS GREWAL|Exercise EVALUATION QUESTION :QUESTIONSWITHMISSINGVALUES|3 Videos
  • Admission of a Partner

    TS GREWAL|Exercise EXERCISE|107 Videos

Similar Questions

Explore conceptually related problems

compute trade receivables trunover ratio from the following:

Calculate trade receivables trunover ratio from the following: Closing debtors Rs 40000, credit sales being 25% of net cash sales, excess of closing debtors over opeining debtors Rs 20000 , total net sales Rs 150000.

Calculate the Trade receivables turnover ratio from the following information: {:(,,,RS.),("Total Revenue from operations",,,4_(,)00_(,)000),("Cash Revenue from operations",,,20%"of Total Revenue from operations"),("Trade receivables as at 1.4.2016",,,40_(,)000),("Trade receivables as at 31.3.2017" ,,,1_(,)20_(,)000):}

Calculate trade receivables turnover ratio form the following information:

Calculate trade payables trunover ratio from the following information: opening creditors Rs 125000, opening bills payables rs 10000, closing creditors Rs 90000, closing bills payables rs 5000, purchases Rs 950000, cash pruchaes Rs 100000, purchases returns Rs 45000.

Calculate tarade receivabels trunover ratio in each of the following alternative cases: case 1: net credit sales Rs 400000, average trade receivable Rs 100000 case :2 Revenue from operations(net sales) Rs 300000, cash revenue form operations, i.e cah sales Rs 6000000, opening trade receivables Rs 200000, closing trade receivables Rs 600000 case 3: Cost of revenue from operations or cost of goods sold Rs 300000, gorss profit on cost 25% cash sales 20% of tatal sales, opening trade receivables rs 50000, closing trade receivables Rs 100000. Case 4: cost of revenue form opertions or cost of goods sold Rs 450000, gross, profit on sales 20% cashs sales 25% of net credit sales, opening trade receivables Rs 90000, closing trade receivables Rs 600000.

Calculate working capital tunover ratio from the following: Current Asset Rs 9000000, Revenue from operations Rs 3000000, Current Liabilities Rs 300000, sales Return Rs 500000.

From the following details, calculate trade receivables trunover ratio:,Rs

Calculate trade receivables trunover ratio and average collection period: Credit revenue from operations (Net Credit sales ) for the year is Rs 600000 and debtors and bills receivable at the year end were Rs 60000 and 40000 respectively.

TS GREWAL-ACCOUNTING RATIOS -Exercise
  1. Calculate Trade Receivables trunover ratio from the following: ,Rs

    Text Solution

    |

  2. From the following compute curent ratio:

    Text Solution

    |

  3. calculate current ratio from the following information:

    Text Solution

    |

  4. Current ratio is 2.5 working capital is Rs 150000. calculate the amoun...

    Text Solution

    |

  5. Working capital is Rs 900000, Trade payables Rs 90000, and other curre...

    Text Solution

    |

  6. Working capital Rs 180000, total debts Rs 390000, long term debts Rs 3...

    Text Solution

    |

  7. Current assets are Rs 750000 and working capital is Rs 250000. calcula...

    Text Solution

    |

  8. Trade payables rs 50000 working capital Rs 900000, current liabilities...

    Text Solution

    |

  9. A company had current assets of Rs 450000 and current liabilites of Rs...

    Text Solution

    |

  10. Current liabilites of a company were Rs 175000 and its current ratio w...

    Text Solution

    |

  11. Ratio of current assets (Rs 300000) to current liabilities (Rs 200000)...

    Text Solution

    |

  12. Ratio of currents assets (Rs 275000) to curent liabilites (Rs 350000) ...

    Text Solution

    |

  13. A firm had curent assets of Rs 500000.It paid current liabilities of R...

    Text Solution

    |

  14. state giving reason whether the current ratio will improve or decline ...

    Text Solution

    |

  15. state giving reasons which of the following transactions would improve...

    Text Solution

    |

  16. From the following information calcualte liquid ratio:

    Text Solution

    |

  17. Quick assets Rs 150000, inventroy (stock) Rs 40000, prepaid Expaneses ...

    Text Solution

    |

  18. Current assets Rs 300000, inventories Rs 600000, working capital Rs 25...

    Text Solution

    |

  19. Woking capital Rs 360000, total debts Rs 780000, long term debts s 600...

    Text Solution

    |

  20. Current liablities of a company are Rs 600000. Its current ratio is 3:...

    Text Solution

    |

  21. X ltd has a current ratio fo 3.5 :1 and quick ratio of 2:1 if the inve...

    Text Solution

    |