Annual credit sales Rs. 4,00,000; Average collection period 45 days (assume 360 days in a year). What is Average debtors?

Annual credit sales Rs. 4,00,000; Average collection period 45 days (a

1.	Annual credit sales Rs. 4,00,000; Average collection period 45 days (assume 360 days in a year). What is Average debtors?
A.	Rs. 60,000
B.	Rs. 74,000
C.	Rs. 50,000
D.	Rs. 4,00,000
Answer» D. Rs. 4,00,000