Question
Ninety- percent of Zen company limited total sales of
6,00,000 is on credit. If the year end receivables turnover is 5, the average collection period (based on 365 days a year) and the year-end average receivables are respectively:Solution
Credit sales: 6,00,000 * 90%= 5,40,000 Receivables turnover ratio given is 5 times Receivables turnover ratio = Net credit sales / Average receivables  540000/ Average receivables = 5 So, the average receivables will be = 108000 Average collection period = Total days in year / Average receivables turnover ratio 365/5 = 73 days
In a certain code language, 'OIL' is coded as 27 and 'CREAM' is coded as 125. How will 'POWDER' be coded in the same language?
In a certain code language,'TREE' is written as WWHJ, and 'LEAF' is written as OJDK. How will 'BARK' be written in that language?Â
In the question below are given some statements followed by some conclusions. You have to take given statements to be true even if they seem to be at v...
Identify the figure given in the options which when put in place of ‘?’ will logically complete the series.
Complete the analogy-
Tennis : Racket :: Cricket : ?
In a certain code language, 'HOUSE' is written as '81261922' and 'INK' is written as '181411'. How will 'MISTAKE' be written in that language?
EJDI is related to CHBG in a certain way based on the English alphabetical order. In the same way, JOIN is related to HMGL. To which of the following is...
Which of the following letter-clusters will replace the question mark (?) in the given series?
GEA, IFB, LHA, QKB, XOA, ?
A man is standing in the park facing North. He turns to 90° towards the left and walks 40 km. He again takes a 90° turn towards the right and walks 50...
In this question two statements and the two conclusions related to them have been given in the form of i and ii, assuming that the statements given in t...