Question
Receivables Velocity/average collection period of the
company? Read the following information to answer the below questions:  Net Sales = 40,00,000 (20 % GP Element) out of which 40% is on credit. Opening Inventories were 60 % of closing inventories. Opening Receivables are 120,000. ÂSolution
365 days/ Receivables turnover ratio 365 days/ 6.92 times = 53 days
More Accounts Questions
38% of 18/225 of 31/19 of 15225 =?
97, 106, ?, 195, 411, 460
21, 37, 73, 137, ?, 381
What will come in place of the question mark (?) in the following series?
4.5, 8, 15, 29, ?, 113
204, ?, 120, 83, 52, 23
18   29   16   31   ?   33
7 7 28 252 ?
...66, 17, 81, ?, 100, -21Â
- What will come in place of the question mark (?) in the following series?
32, 45, ?, 137, 216, 317 What will come in place of the question mark (?) in the following series?
21, 36, 66, 126, ?, 486
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