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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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