If the sales of the firm are . 60,00,000 and the average debtors are . – McqOptions

MCQOPTIONS

1.	If the sales of the firm are . 60,00,000 and the average debtors are . 15,00,000 then the receivables turnover is
A.	4 times,
B.	25%,
C.	400%,
D.	0.25 times
Answer» B. 25%,

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