Q2230
If the average collection period is 15 days and average book receivables is Rs. 60,000 then what will be the total annual credit sales?
A.
Rs. 14,00,000
AnswerB.
Rs. 9,00,000
C.
Rs. 2,16,00,000
D.
Rs. 1,08,00,000
Answer: Option A
Solution
Answer: Option A
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