Question
A company has average account receivables of Rs 120000
and annual credit sales of Rs 600000, Calculate the average collection period (assume number of days in a year to be 360)Solution
Receivable Turnover Ratio = Annual Credit Sales/ Average Receivables = 600000/120000 = 5 Average Collection period = 360/Receivable Turnover Ratio = 360/5 = 72 days
If 8 times the eighth term of an Arithmetic Progression (AP) is equal to 12 times its twelfth term, then the 20th term of the AP will be
Find the mode for the given distribution.
(rounded off to two decimal places).
what is the mean of given numbers 25, 15, 12, 23, 15,
The area of a square is 900 cm2 which is 120 cm2 less than that of a rectangle. Find the perimeter of the rectangle if the length ...
Present average age of A, B and C together is 44 years. Age of B is 12 Years hence from now will be 260% more than age of A, Four years ago from now whi...
15 is divided in three parts which are in arithmetic progression (A.P.) in such a way that the sum of their square is 83. Find the smallest part?
The sum to n terms of the series 1 + 1 + 3 + 1 + 3 + 5 + 1 + 3 + 5 + 7 …………………… is
The mode of the sample data = is 24 and the median = 80. Find the mean of this distribution
Find the standard deviation of the following data (rounded of the two decimal places).
5,3,4,7
Mean of a grouped data calculated using direct method, assumed mean method or step deviation method:
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