Following are the ratios relating to the trading activities of an Organisation: Debtors Velocity 3 months Stock

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Following are the ratios relating to the trading activities of an Organisation:

Debtors Velocity 3 months Stock Velocity 6 months Creditors Velocity 2 months Gross Profit Ratio 20 %

Gross Profit for the year ending 31st March, 2000 was Rs. 5,00,000. Stock as on 31st March, 2000 was Rs. 20,000 more than it was on 1st April, 1999, B/P and B/R were Rs. 36, 667 and Rs. 60,000, respectively.

You are to ascertain the figures of : (i) Sales; (ii) Debtors; (iii) Creditors; and (iv) Stock.

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Question Posted: Jul 19, 2024 08:01 PM

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Following are the ratios relating to the trading activities of an Organisation: Debtors Velocity 3 months Stock

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