Question
Net Sales = 40,00,000 (20 % GP Element) out of which 40%
is on credit. Opening Receivables & closing receivables are 120,000 & 3,40,000 respectively. Calculate the receivables turnover ratio of the company.Solution
Credit sales/Average accounts receivables 16,00,000 / 2,30,000 =6.96 times  Credit sales = 40,00,000(total sales) * 40% =16,00,000 Average accounts receivables = 1,20,000 (opening debtors) + 3,40,000 (Closing debtors) / 2 = 230,000.
Three statements are given, followed by three conclusions numbered I, II and III. Assuming the statements to be true, even if they seem to be at varian...
Statements:Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â All TVs are monitors.
                                ...
Statements-
1.All bulbs are tubes.
2.Some tubes are knives.
3.All knives are frames.
4.Some frames are bulbs.
Conclus...
In the question below some statements are given followed by three conclusions I, II and III. You have to take the given statements to be true even if ...
Three statements are given followed by three conclusions numbered I, II and III. Assuming the statements to be true, even if they seem to be at varianc...
In the question below there are three statements followed by three conclusions I, II and III. You have to take the three given statements to be true e...
Statements: All males are females.
All females are men.
No man is a woman.
All women are Girl...
Three statements are followed by three conclusions numbered I, II, and III. You have to consider these statements to be true, even if they seem to be at...
Statement
Only a few Green is Red
No Red is White
All White is Black
Conclusion    Â
I) Some Red is Black
Statement:
I) No A is B
II) No B is C
III) Some D are C
IV) All D are E
Conclusion:
I) Some E are not D
II) Some A are C
III) No C is A
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