Calculate debtors turnover ratio from the following information Cash sales RO 200,000 Opening Bills Receivables RO 8,000 Total sales RO 405,000 Closing Bills Receivables RO 2,000 Opening sundry debtors RO 15,000 Sales returns RO 5,000 Closing sundry debtors RO 75,000
- Calculate debtors turnover ratio from the following information
Cash sales RO 200,000 Opening Bills Receivables RO 8,000
Total sales RO 405,000 Closing Bills Receivables RO 2,000
Opening sundry debtors RO 15,000 Sales returns RO 5,000
Closing sundry debtors RO 75,000
2.Calculate creditors turnover ratio and debt payment period from the following information
Cash purchases RO 100,000 Total purchases RO 407,000
Opening sundry creditors RO 25,000 Closing sundry creditors RO 50,000
Closing bill payables RO 25,000 Opening bill payables RO 20,000
Purchase returns RO 7,000
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