Credit revenue from operation i.e net credit sales for the year

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.

Rs 175000 is the credit revenue from operations i.e net credit sals of an enterprise.if trade receivables turnover ratio is 8 times calculate trade receivables in the beginning and at the eend of the year .trade receivables at the end is Rs 7000 more than that in the beginning

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.

From the information given below calcualte (i) current ratio and (ii) Debt to Equity ratio: Information: Net profit of the year Rs 80000, fixed assets Rs200000, closing inventory Rs 10000, other current assets Rs100000, Current Liabilities Rs 30000, Equity share capital Rs 10000, 10% preference share capital Rs 70000, 12% Debentures Rs 60000 and Revenue from operations i.e Net sales during the year Rs 500000.

From the following information calculate opening and closing trade receivables , if trade receivables trunover ratio is 3 times: (i) cash revenue from operations is 1//3rd of credit revenue from operations (ii) cost of revenue from operations is Rs 300000 (iii) Gross profit is 25% of the revenue from operations (iv) Trade receivables at the end are 3 tiems more than that in the beginning

Calculate opening and closing trade receivbables from the following information if trade receivables trunover ratio is 3 times (i) Cash revenue from operation s is 1//3rd of credit revenue form operations (ii) Cost of revenue form operations Rs 240000 (iii) Gross profit 25% on cost of revenue from operations (iv) Trade receivables at the end were 3 times more than that of in the beginning.

Ascertainment Of Credit Sales