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If the sales of the firm are. 60,00,000 and the average debtors are. 15,00,000 then the receivables turnover is

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If the sales of the firm are. 60,00,000 and the average debtors are. 15,00,000 then the receivables turnover is

 Options:

A. 4 times
B. 25%
C. 400%
D. 0.25 times

 

The Correct Answer Is:

  • A. 4 times

 

Conclusion

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