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      Question

      If the company earned revenue from operations of Rs.18

      lakh, what is the trade receivables turnover ratio of the company? Direction (14 -17):-  Study the Balance Sheet below to answer the questions below:
      A 1 times Correct Answer Incorrect Answer
      B 1.25 times Correct Answer Incorrect Answer
      C 1.5 times Correct Answer Incorrect Answer
      D 1.75 times Correct Answer Incorrect Answer
      E 2 times Correct Answer Incorrect Answer

      Solution

      Trade Receivables turnover ratio = net revenue/trade receivables                                                             =18,00,000/ 9,00,000                                                             = 2 times  

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