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    • Question

      A company's Net Sales is ₹90,00,000 and its Debtors

      are ₹15,00,000. What is the Debtors Turnover Ratio?
      A 5 times Correct Answer Incorrect Answer
      B 6 times Correct Answer Incorrect Answer
      C 7 times Correct Answer Incorrect Answer
      D 8 times Correct Answer Incorrect Answer
      E 9 times Correct Answer Incorrect Answer

      Solution

      Debtors Turnover Ratio = Net Sales / Average Debtors = ₹90,00,000 / ₹15,00,000 = 6 times

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