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Commerce · Q999

Accounting

Graduate and Post Graduate · Commerce · question 999

Q999

In case net sale in a year is Rs. 2,00,000 and the amount of debtors is Rs. 40,000, the average collection period will be:

A.
60 days
B.
45 days
C.
73 days
Answer
D.
75 days

Answer: Option C

Solution

Answer: Option C
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