Question

From the following details, calculate the accounts receivable turnover ratio:  Sales 400,000 Cost of the Goods sold 100,000  Account Receivable (at the beginning of the year) Rs.60,000 Account Receivable (at the end of the year) Rs.100,000

A 4
B 5
C 6.67
D 2
E Cannot be determined
Practice Next

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)