Receivable Turnover Ratio = Annual Credit Sales/ Average Receivables = 600000/120000 = 5 Average Collection period = 360/Receivable Turnover Ratio = 360/5 = 72 days
Which section of the Income Tax Act defines the term Assessee?
The certainty equivalent is _______.
A company has average account receivables of Rs 120000 and annual credit sales of Rs 600000, Calculate the average collection period (assume number of d...
5000 kgs of raw material were bought at Rs.2.5 per kg and 10% is normal waste. If recovery value of the normal waste is Rs.1.2 per kg, then find the cos...
Where to show Share application money received in excess of issued share capital?
What is Bank Overdraft?
What is the full form of CVC written on the credit cards?
What is the safety margin that insurers must maintain to safeguard the interests of policyholders called?
Who will notify the rate of tax to be levied under CGST Act?
What software applications would be the most suitable for performing numerical and statistical calculations?
