Question
A company made credit sales of Rs.72 lakh in the year.
If the debtors value at end of the year was Rs.12 lakh, what will be the average age of receivables, assuming there are 360 days in a year?Solution
Average age of receivables = 360/receivables turnover Receivables turnover = credit sales/average debtors = 72 lakh/12 lakh = 6 times Therefore, average age of receivables = 360/6 = 60 days
Large Language Models (LLMs) are fuelling chat bots that converse like human experts, sometimes doing a better job ……….. the best of us in Summari...
Dealers cannot __________ profit due to increase in excise duty, and they should not be ___________ with loss due to reduction.
When I went to see her today at her house, her face was completely pail (A)/ pale (B).
The family members visited the temple altogether (A) / all...
Select the most appropriate option to substitute the underlined segment in the given sentence. If no substitution is required, select ‘No substitu...
Select the most appropriate option to improve the bold segment in the given sentence.If there is no need to improvement it,select, no improvement.
<...Select the most appropriate antonym of the given word.
ALLURING
Select the most appropriate option to substitute the highlighted segment in the given sentence. If there is no need to substitute it, select ‘No subst...
Today she employs (A) four workers and manufacturers (B) nearly one tonne of vermicompost-based planting mix, which is fortified (C) with cow manure (D)...
Complete the sentence with the appropriate word.
Our family has been __________ the details for buying our own house
Select the most appropriate synonym of the given word.
SUBSEQUENT
Relevant for Exams:
