Following are the ratios to trading activities of national traders Ltd. Debtors velocity 3 months stock velocity 8 months creditors velocity 2 months gross profit ratio 25 % gross profit for the year ended 31st?dec. 2007 Amounts to rs. 400000. Closing stock of the year is rs. 10000 Above the opening stock. B/r amounts to rs. 25000 And b/p to rs.i,a 10000. Calculate, sales, debtors, closing stock, creditors.

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