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provide correct answer please. The ratios relating to Varun Ltd. are given as follows: Gross Profit Ratio 15% Stock Velocity 6 months Debtors Velocity 3
provide correct answer please.
The ratios relating to Varun Ltd. are given as follows: Gross Profit Ratio 15% Stock Velocity 6 months Debtors Velocity 3 months Creditors Velocity 3 months Gross Profit for the year ending 31" March, 2018 amounts to Rs. 60,000. Closing Stock is equal to Opening Stock Find : (n) Sales (b) Closing Stock (e) Sunutry Debtors (d) Sundry Creditors, P.T.OStep by Step Solution
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