Question
A company has average account receivables of Rs 120000
and annual credit sales of Rs 600000, Calculate the average collection period (assume number of days in a year to be 360)Solution
Receivable Turnover Ratio = Annual Credit Sales/ Average Receivables = 600000/120000 = 5 Average Collection period = 360/Receivable Turnover Ratio = 360/5 = 72 days
Which of the following fractions is the largest?
Which of the following fractions is a terminating decimal?
2.666 …+ 2.77… in fraction form is:
The fraction equivalent to 0.474747... is:
12.5% of 96 =?
Which fraction bears the same ratio to 1/27 as 3/11 does to 4/9?
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If the numerator of a fraction is increased by 40% and the denominator is decreased by 20%, then the value of the fraction becomes 21/16. Then tell the ...
If the numerator of a fraction is decreased by 20% and the denominator of the same fraction is increased by 30%, then what fraction of the old is the ...
Which of the following fractions lies between 3/7 and 8/9?
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