MCQOPTIONS
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| 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% | |