Q802
Given: Gross Profit Rs. 60,000 Gross Profit rate 20% Debtors velocity 2 Month The amount of debtors will be:
Given:
The amount of debtors will be:
| Gross Profit | Rs. 60,000 |
| Gross Profit rate | 20% |
| Debtors velocity | 2 Month |
The amount of debtors will be:
A.
Rs. 12,000
B.
Rs. 50,000
AnswerC.
Rs. 1,20,000
D.
Rs. 3,00,000
Answer: Option B
Solution
Answer: Option B
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