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Credit sales: 6,00,000 * 90%= 5,40,000 Receivables turnover ratio given is 5 times Receivables turnover ratio = Net credit sales / Average receivables 540000/ Average receivables = 5 So, the average receivables will be = 108000 Average collection period = Total days in year / Average receivables turnover ratio 365/5 = 73 days
The question below is based on the given series I. The series I satisfy a certain pattern, follow the same pattern in series II and answer the question...
4 8 12 48 ? 432
...5 14 56 220 1125 6786
...3601 3602 1803 604 154 36
...? 12 24 44 74 116
...18 434 642 746 798 ?
...If 6 4 x 5.75 9,
Then, (x²-1) = ?
...2, A, 9, B, 6, C, 13, D, ?
1 5 36 343 ? 59049
...12, 16, 25, 41, 66, ?
