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
Which of the following is not a feature of Phylum Arthropoda?Â
Site of protein synthesis in a cell is
Fish which spend most of their lives in the sea and migrate to freshwater for breeding
Which of the following is NOT a cooperative related to Agribusiness?
What is the primary function of chlorophyll in Plants?Â
Saline soils occur mostly in
Megasporogenesis occurs in
…………….. was established in 1972 under the Ministry of commerce and industry for promotion of export of marine products from India.
...Which of the following is an extra early maturing variety of pigeon pea?
Heavy infestation of which of the following causes poor ploughing performance?
Relevant for Exams:
